Compaq Message Board - Msg: 12679857

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Technology Stocks : Compaq

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To: rupert1 who wrote (76632)	1/25/2000 10:14:00 PM
From: Captain Jack	of 97611

Vic--- <<"There may be some disappointment in WS " An understatement! <<"few who might upgrade">> MAybe in 6 months,, unlikely now IMO. <<"cannot see large institutions selling off - there is no reason.">> Not so certain,, probably not but they were not great at hanging around last year at this time... I see few buyers though,, why come now? Wait and see what 6 months brings. It seems to be a very slow period coming IF the mkts remain stable-- if not they will be happier on the sidelines. <<"The initial pressure on the stock price will be from momentum traders who bought on the hype expecting $35/37/40 soon. But what percentage of the float do they own?">> Not much but can cause enough volatility to get those on the edge to bail...

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