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Technology Stocks : Compaq

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To: Jimbo Cobb who wrote (35743)11/4/1998 3:57:00 AM
From: rupert1   of 97611
 
Mark: -OT- Thanks for the link and the opinions and stock-picks. Very interesting, I'll study them today.

One dog I mentioned on the thread in a note to John Koligman a week ago is CRUS, which has come from 5 5/8ths (7 5/8ths when I mentioned it) and touched 10 yesterday. As I mentioned then, I thought 10 1/2 would be a plateau and it was good for a trade. I still thnk the same, but the company will announce this month and next, the execution of its radical restructurings, meanwhile it has some good product news in the core business it is retaining and there are distinct possibilities of a buy-out down the line. Its sector, semi-conductors, has also seen a bottom. With the restructuring charge it turned overnight from a loss-maker to a profit-maker with clear potential for sequential growth. It has the potential for the high teens within months, and after that, saving a buy-out I think the high 20's are possible.

One thing, if it tanks, don't jajajajajaja me - in England we pronounce it jahjahjahjahjah.

Victor
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