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Technology Stocks : Compaq

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To: michael c. peterson who wrote (1260)12/15/1996 10:23:00 PM
From: hpeace   of 97611
 
micheal..i just noticed the single digit comment..
after cpq came of age it never droped into the single digits.
you are thinking about one of those burke deals.
22.125 is the lowest that cpq has been since it grew up
and that was in the 90-92 era when a marketing error cost them big time..
so even in the worst of times burke calls cpq to 6 and
he's smoking something that day.

some canned TA.. the bollinger on cpq is at bottom of band which would say back up ..but it broke through a technical line last week.
not a good sign. so much for ta.
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