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Technology Stocks : Compaq

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To: rupert1 who wrote (70687)11/1/1999 8:25:00 AM
From: Captain Jack  Read Replies (1) of 97611
 
vic,, Our definition of "rapidly" is also different. As many others have stated here and other places the cut backs seem to be taking a long time.
Yes, I am being subjective, as you are on the opposite side. Many have sat and watched cpq wither on the vine while reaping tremendous rewards in other issues. Some for as long as 3 years,, missing a large part of the greatest bull run ever. Unlike you I believe few would be overjoyed enough to decide this is a keeper. Some may come but realize a new base has arrived at 18 and change,, would not 25 make them extremely happy while the old timers get even more excited. WS will run back for the quick play,, but that looks even less likely with the eps doing outstanding and not even a 1point gain. While fundamentals are improving as you state it is still going to be a very long time before they are improved enough to generate any excitement..
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