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Technology Stocks : Compaq
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To: Night Writer who wrote (73559)12/10/1999 1:24:00 PM
From: Captain Jack  Read Replies (1) of 97611
 
NW-- I bought on the way down,, then added farther down. I trade other issues that at least I feel have a stronger bottom and good news coming. No trust left in CPQ. 222/23 to 26/27 is a reliable range. It moves slower in both directions than other trading issues. Chart PPD and you will see why now is the time to load up. Companies that have been slapped because of stupid moves like TYC generally take too long to recover. The same as believing CPQ will come back for MC after the antics of EP/EM. Any hint of bad news and companies slapped over bad news, esp those even perceived as having cooked the books will take much longer,, Some of those very good companies like our pig will come back,,, those without the long history and name recognition may or may not come back.
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