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Technology Stocks : Compaq
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To: Elwood P. Dowd who wrote (74622)12/29/1999 11:31:00 AM
From: MeDroogies   of 97611
 
I think that the estimates on the high side underestimated the tax-loss selling that is occurring. It may continue tomorrow...but I think it's finished.
At this point, barring any serious events, we should have a slow, steady climb up. 28 tomorrow is not a stretch...but obvously the 30.8 average would require a great announcement today or tomorrow. This isn't likely, since it's a holiday week and most good news will be held off. But, MC may like to surprise everyone with something...he needs to make a name for himself and this would be a great way to do it.
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