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Technology Stocks : Compaq
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To: trouthead who wrote (62032)5/25/1999 5:18:00 PM
From: Captain Jack  Read Replies (1) of 97611
 
jb--- look at where they are compared to 52 week high. (not as bad as cpq <ggg>). There are too many on margin with them. Look at their fundamentals. The blood is not yet in the I-nut streets,, I hope those margined do not get hurt IF a major I-nut correction is on the way.If an overall mkt correction comes they will get hit along with everything else. They will take an additional % as money flows change,, even if for a short term many will run causing a large % drop and slow return. Recently we have not seen the fast recovery and upward movement as in the past. That sector is driving the large drops on the NAS just as they drove it up and the Blues are following...
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