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Technology Stocks : Compaq

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To: PCSS who wrote (77871)2/10/2000 3:15:00 PM
From: Captain Jack  Read Replies (1) of 97611
 
Michael <<"What did CPQ do to deserve these continuous down-side hits ??">> The buyers are looking for some reason to buy! Why buy one of the worst performing large caps of the last year. How many big caps can you find that are below where they were a year ago and languishing,esp this high of a percentage. What is mgmt saying to make anyone warm? Very little so everyone is fuzzy,,, might as well buy something that will go up,,, hell there are decent bond funds paying 14%+ with a chance to move up too,,, the chances of coming out ahead look much more promising there with less volatility. Waiting for something positive makes sense,,, just no reason to buy this stock and the ones needed to add stability and a little to the price are the institutions that were bit and lied to so are staying away until there is some degree of certainty of good things happening,,,
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