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Technology Stocks : Compaq
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To: Aitch who wrote (55290)3/31/1999 8:55:00 AM
From: hlpinout   of 97611
 
Thanks Aitch,

Because you are so forgiving, from Thompson's Investor Network:3/30

CPQ - Personal Computers - Technology 11:42 AM
Shares of Compaq are benefiting from a recent corporate
announcement that it is expanding its products/services aimed at
the fast growing small and medium sized business segment of the
computer market. The stock last traded up $1 1/8 to $32 5/8,
off slightly from its intra-day high of $32 3/4. A review of
CPQ's I-Watch chart shows that CPQ's strong rise has attracted
offers to sell stock from several institutional brokers which
suggest the stock's rise may level off and potentially pull-back
slightly in the near-term. A review of Compaq's trading data
showed that over 65% of its total trading volume is attributable
to block trades which suggests institutional buying is behind
today's rise. Given the strength in the broader markets today
and the earlier aggressiveness in the buying in CPQ, we would be
on the lookout for the re-emergence of buyers in the pre-trade
I-Watch market (blue triangles) on a pullback in the stock.

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