Compaq Message Board - Msg: 9460963

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Technology Stocks : Compaq

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To: rupert1 who wrote (61094)	5/11/1999 11:03:00 AM
From: QuentR	of 97611

Victor, Heavy institutional selling interest 20M to 10M buying is driving up the price 1/2. Overall the balance of power index from TeleChart 2000 (buying selling ratio) overall is about even. The index has been leaning slightly to the sellers over the past week but the gap has been narrowing. Considering the apparent profit taking going on by institutions the price is holding. Would be a good sign to hold at around 26 1/2 to 27. Strong buying by institutions would be helpful in the next couple of days. Seems like there are a lot of people waiting for this stock to go down again before buying. IMHO they may be too late.

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