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Technology Stocks : Compaq
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To: Howard Wong who wrote (8936)11/14/1997 7:59:00 PM
From: werefrog   of 97611
 
Howard:
Your use of intraday data is very interesting. I would say CPQ's price drop was tied directly to the DOW as many stocks are down since the DOW came down from it's record high. I believe we will see viotility until after Thxgiving, and then smooth sailing until the end of January. Many analyst believe the DOW will test it's record high by then and if they are right, CPQ will go up. I just can't see the price going down unless the DOW goes down.
Jim - Dallas
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