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Technology Stocks : Compaq

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To: Elwood P. Dowd who wrote (86944)11/17/2000 2:03:12 PM
From: Dan Spillane  Read Replies (1) of 97611
 
The market is in a "speculative selloff" very much like the speculative bubble earlier this year. There are no fundamentals to actually justify stocks like Compaq and Microsft and others (with improving fundamentals) dropping.

Speculative selling...

I do hear things on TV about "earnings for tech coming down and will never stop" ... strange, companies like Compaq and Microsoft and others have increased the outlook. The news is actually reporting the opposite of what the companies are saying.
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