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Technology Stocks : Compaq

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To: Elwood P. Dowd who wrote (87798)12/12/2000 7:44:40 PM
From: marquis103  Read Replies (1) of 97611
 
I do think there's a good chance that Compaq goes up from here, albeit slowly. Don't forget that this warning was already priced in. We dropped 4 bucks a few days ago when the analysts said they didn't believe that Compaq would meet its numbers. We all defended Capellas and suspected that everyone else's shortfall was due to Compaq taking market share. Wall Street didn't agree and punished the hell out of the stock. Now that the bad news has been confirmed I think we slowly go up from here. Just don't forget that I've been second guessing this lousy stock for over three years and haven't gotten it right yet.

Russ
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