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Technology Stocks : Compaq

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To: Thomas Dremel who wrote (940)12/3/1996 7:30:00 PM
From: Leo Francis   of 97611
 
Thomas, CPQ is looking stronger, I don't see a short term dip (-5%+). But if it happens, it will be a great opportunity to buy More. Too many investors have made a lot of money on CPQ. They won't sell until January, if they decide to sell.(defer tax liabilty) With capital gains legislation possible for 1997/1998, us longers might reap ANOTHER windfall.

On Balance Volume Indicators are signalling another short term runnup. I see 86 buy January now. I also have a retired CPQ VP friend who told me he is not selling until 150, and he will only sell half at that!

LF
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