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Technology Stocks : Compaq
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To: Elwood P. Dowd who wrote (56707)4/10/1999 12:53:00 PM
From: Roger  Read Replies (1) of 97611
 
ANy opinions on how low CPQ will go in the next few days? I am fearing the worst since this was not just a business cycle problem but the way the company handled this situation. A lot of analysts got burned - and it takes a lot to win back their credibility. Look at COMS - making new lows. I think CPQ will make a new low soon - a slew of analysts will be downgrading, cutting estimates, etc. Wonder what a good support might be to step in and pick up a few.
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