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Technology Stocks : Compaq
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To: Jay Durell who wrote (76377)1/24/2000 12:48:00 PM
From: Smartypts  Read Replies (1) of 97611
 
A little story about CPQ. Last year Salomon Smith Barney recommended this stock heavy to clients. It was then 30-40. Stock ran to $47 and they recommended holding. Insiders were selling tons of shares. Solomon didn't bother to tell its clients this and the stock fell back to 20s fast. Just keep an eye on the selling here. Not saying its the same thing here but don't like what they did last year and don't trust this company. Major class action suits were filed.
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