SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Compaq

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: MikeyT who wrote (79985)3/23/2000 5:04:00 PM
From: Captain Jack  Read Replies (1) of 97611
 
Mikey-- It has some hard resistance. Even at 20 I said the toughest may be 32... 18 should not be seen unless they really falter badly. They would almost have to strive to do that badly (not a new occurance for cpq). 23/23 was a diifucult place to get through as was 25 as it has struggled to slightly recover over the past year. There were a lot of shares bought in those ranges. Esp the 22/23 range. Same at 25-- many will hold and add at their entry point as they were a believer at that price. Now if cpq keeps its head in the dark place and institutions bail as they did a year ago 18 or less could happen as there are fewer institutional shares now than there were then,, This is just another faltering of cpq mgmt unless the rumor is true,, then they have made even more mistakes than I can imagine,,,
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext