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Technology Stocks : Compaq
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To: Harry Landsiedel who wrote (31412)8/21/1998 6:04:00 PM
From: Trader J   of 97611
 
As much as I think and hope that we will see strength in the AM on CPQ, it all comes down to the golden hour (the last hour of trading).

I am relatively encouraged however that we seem to be bouncing off the 34.5/35 level. I believe we have established a new low-end price of a trading range, Mondays close will be the determining factor. I fully expect the new range to be 35-39 for the next week or so.

All the analyst coverage certainly isn't hurting any. Wonder how long before Lucy jumps on board.....that may be another determining factor.

Jeff
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