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Technology Stocks : Compaq
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To: trouthead who wrote (79353)3/10/2000 4:46:00 PM
From: Andreas  Read Replies (1) of 97611
 
Junior Balloon,

IMHO, most of the people who bought when you did are long gone. If you assume the average holding period for cpq is the same as the average holding period for all stocks then given the volume at various prices over that average holding period, it is possible to get a reasonable idea as to what the average price paid is at any given time. Believe it or not, this info is available at those firms that follow the particular stock at issue. And the larger clients are then privy to this info also. All I can tell you is that the average cpq shareholder today paid substantially less than your price. But, the good news is, if we can hold this high twenties for a while (more than a week or two like last time and the time before that and the time before that)
then the average price paid will go up which will raise the resistance levels.
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