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Technology Stocks : Formerly MNPI, now CPQ

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To: TWL who wrote (402)1/3/1997 2:47:00 PM
From: Muizz M. Kheraj   of 650
 
Well, I study fundamentals as well as technicals. Fundamentally, this company is solid, with it's recent contracts with Rockwell and Lucent. Technically, there has been some solid buying of this company at all levels. It is in the beginning phase of a strong uptrend and see as the downtrend was from 35 to 6...this current uptrend should last to at least 20. It has recently pulled back from it's highs as do all stocks in an uptrend. With the buying that was expected today after meeting resistance yesterday, the stock has begun heading back north and should (as far as I can ascertain) make it's next stop around 16-17. Just jumped in with 900 shares in support of my theory.

Muizz
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