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Technology Stocks : Compaq
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To: PCSS who wrote (77198)1/31/2000 4:37:00 PM
From: Elwood P. Dowd  Read Replies (2) of 97611
 
COMS got upgraded today from a neutral to a buy and the stock kicked butt. CPQ can't do that because the earnings didn't have the horsepower and then the report was followed up by a waffling CEO. Plan on staying under the recent high(33ish)for the next 3 months. As a matter of fact, we'll be lucky to be over 30 by the next report, imho. I'll wait 30 days and adjust my "41-42 by Q2 earnings" and my "new high by Q4 earnings" accordingly. El
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