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Technology Stocks : Compaq

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To: PCSS who wrote (85662)10/17/2000 5:50:16 PM
From: Elwood P. Dowd  Read Replies (1) of 97611
 
Michael.... IBM resumed trading at about 5:10pm when it began streaming on CNBC's real-time after hours ticker at about 104. The company fell short 600 million on revs. Oddly, CNBC never uttered a peep about the stock's release until about 5:35pm. Everything hangs on the INTC cc tonite. Steve Frank said that they(INTC)may have issued a veiled warning in their earnings report. Tomorrow could be tough. I think we can hold in the 23-25 range til earnings. If CPQ trips up on earnings, even in the slighest, we go back to the teens. WS is taking no prisoners, showing no mercy. Like most here, I presume, I wish I'd gotten out of this worthless HOG at 34. El
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