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Technology Stocks : Compaq

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To: Tomcat who wrote (87854)12/13/2000 4:10:30 PM
From: Andreas  Read Replies (2) of 97611
 
Elwood;

We blew past your 18.25 number. So much for the warning having been priced in early! What a joke. At this point I would not be surprised to see cpq slowly sink down to 12.50 to 15 range over the course of the next 5 to 10 days. There simply are no buyers! Who in there right mind now wants to get involved with a stock where the ceo doesn't know from one week to the next what is going on? For what it is worth the following is what I heard from one broker today, "we're not impressed with MC's latest faux pas given his recent statements. His credibility has taken a major hit". I would not be surprised to see criticism of MC's apparent lack of fingers on the pulse in the next several days.
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