Compaq Message Board - Msg: 14914029

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Technology Stocks : Compaq

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To: richard w allgaier who wrote (87236)	11/30/2000 10:33:07 AM
From: Elwood P. Dowd	Read Replies (2) of 97611

A Goron(Gore/moron)concession is way overdue and I don't believe that it would have much impact in turning this mess around now, two weeks ago it probably would have helped. Goron has cost the market over a trillion dollars, hundreds of thousands or more right here on this thread. Now it is going to take a move by Greenspan and some good earnings reports from leaders in the tech sector to reverse this market trend. CPQ is now back in the teens with little hope for immediate recovery. Be prepared to watch it languish between 19-22 til earnings unless the company comes forward and actually says that they will meet or beat the estimate, and even that may not do the job. Support 18-19, resistance 22-23. It's gonna be a long and painful trip back to 30. El

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