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Technology Stocks : Compaq

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To: Luc Glinas who wrote (17462)2/15/1998 10:39:00 PM
From: Kevin Chesser   of 97611
 
Luc, IMO the price cuts will have little impact on Tuesday's action. I look for buyers to move CPQ higher after last week's "negative" article in the WSJ. DELL's earnings anticipation should cause waves in that stock.

My recollection, market generally sells on price cuts (seen negative...its first reaction is that they lead to lower margins, commodities). That doesn't usually last more than a day tho...

Kevin
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