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Technology Stocks : Compaq

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To: Night Writer who wrote (31162)8/19/1998 12:04:00 AM
From: CGarcia  Read Replies (1) of 97611
 
"Buy on the rumor, and sell on the news." The reason stocks run up before earnings announcements, and fall back afterward. It is usually a temporary trading impact on the stock."

So should we sell Compaq stock the day after it reports its earnings, then buy back again a few days later when the stock price has dropped some?
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