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Technology Stocks : Compaq

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To: Captain Jack who wrote (71549)11/11/1999 10:59:00 AM
From: PCSS  Read Replies (2) of 97611
 
If the MSFT announcement involves Tandy it should positively impact CPQ.

For the past 45 min CPQ has been trading in a tight range (somewhat lower than its day-high) ... we should begin seeing some nice increase in volume, UPtick buys, large blocks for CPQ shortly ... and I believe it actually may be starting as I write this post.

CPQ getting back to 22 1/2 by 11:15 (or earlier) would be a great indication.

Hopefully it'll happen ! ... If it does 23+ is probable today even though I believe 23 is a resistance level.

Michael
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