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Technology Stocks : Compaq
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To: rudedog who wrote (72731)11/26/1999 11:58:00 AM
From: Elwood P. Dowd  Read Replies (1) of 97611
 
rude....Not a bad scenario and not very different from mine. Here it is: Bottom 23, 28 by year end, 31-33 by Q4 earnings announcement then attempts base at that level. May succeed in basing there, but just as easily could drop back to 28-30 with profit-taking and slow Q1 anticipation. In that case, 28-30, which had previously offered strong resistance, would then become certain base. 40 by end of Q2(6/31). 12/31/2000 will see new all-time high, barring market meltdown. Anyone else care to venture a guess??? El
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