Compaq Message Board - Msg: 3590448

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Technology Stocks : Compaq

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To: Windseye who wrote (19065)	3/3/1998 8:11:00 PM
From: Loki	of 97611

Windseye... The fact that CPQ broke below the 32 resistance is not a good sign. However, (IMO) I do not believe that CPQ has a tremendous downside to go (10%-15%), if. Much negative perception already figured into CPQ price. Looking at market breadth the last couple days is not an indicator of a bad US economy. Upside potential vs downside risk on CPQ not all that bad. Some other tech stocks appear much riskier to me. More negative news might hit techs in 2Q. Many tech stocks are seeking higher growth in Europe to offset Asia. I wonder how Europe will be doing by Q4. They have a much higher exposure to Asia than US. Loki "Perception est plus importante que r‚alit‚". (Help me out, Luc.) "Perception is more important than reality"

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