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Technology Stocks : Compaq

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To: rupert1 who wrote (72506)11/21/1999 2:21:00 PM
From: Elwood P. Dowd  Read Replies (1) of 97611
 
I think this guy's been reading my posts! jajaja El Stock Momentum
by: RCWOOLSEY
11/21/1999 11:17 am EST
Msg: 117001 of 117048
Regarding speculation on the future upward price momentum of CPQ...Yeah, Q4 results and
CFO announcement will boost the stock. However, the other news will be layoffs...that is expected
and will be recieved positively by the Street as a sign that Capellas is on-track
in CPQ restructuring.

Note: The dividend increase has given the Street the sign that Q4 profits will be huge.
Insider trading this week was strong.

This stock will move by early February to 35-40 range. December is critical to base building in the
face of tax loss selling and Y2K fears....I expect CPQ to be at 28-30 level by year's end, with a big
move in early January leading to Q4 earnings report.

Go CPQ!!!
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