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Technology Stocks : Compaq

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To: dmccoach who wrote (76576)1/25/2000 6:09:00 PM
From: MeDroogies  Read Replies (1) of 97611
 
I didn't....because I don't think that this is bad. I watched AAPL run a similar story about 2 years ago, and look where they are now.
CPQ isn't in dire straits. Far from it. CPQ is in a very good position, and now it just comes down to execution.
Consider this. GE has announced they expect 15% growth next year. While GE is down from its peak, IT RAN UP to its peak AFTER that announcement. 15% from a company this size is respectable, and is usually a # that is tossed out there to bait the analysts.
I'm sitting tight. CPQ will be over 35 in a week, I'm confident. This is just a "sell on the news" reaction.
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