Compaq Message Board - Msg: 4182992

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Technology Stocks : Compaq

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To: Satyr who wrote (24856)	4/23/1998 5:14:00 PM
From: Tom M	of 97611

satyr >>why not last month when they could have bought for 24 to 26<< Sure seems like they're playing the game don't it? They knew about the resistance levels and the 50 day breakout and I'll bet had this timed perfectly. Only thing is, the support levels of yesterday and today weren't respected. Geesh, a 650,000 or so block yesterday and it dipped below that sale price without support the first time through. Same thing today with that 125M or so block, and we dipped below that purchase price. Kinda looked like those big block buys were p*ssing into the wind. Gotta love it long term though. I've been waiting 3/4 year for good news to come out of the Boeing merger and may have to wait another 3 to 6 months from the sounds of it. It may take some time after this merger to get the big reward, but this IS a tech stock ;-)

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