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Technology Stocks : Compaq
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To: PCSS who wrote (85201)10/4/2000 11:33:26 AM
From: kaka  Read Replies (1) of 97611
 
PCSS,

Scary as hell as I watch long term gains dwindle. Not anywhere near a loss on investment, but profits are thinning. More and more are locking gains even at these levels. But, the war isn't between CQP and DELL, it's between the techs and Wall Street. If DELL dives further, do you really think CPQ will go above 30 again? One effects the other-that is the fact of the last 2 years. While DELL was "breaking out" and CPQ was stagnant, Dell was brought down when CPQ went below 20. Reverse situation might occur here, especially since Dell's valuation is so near all the others in it's sector. Good news must come from all the techs for rebound to occur.

Good luck,
Kaka
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