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Technology Stocks : Compaq
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To: hlpinout who wrote (88813)1/11/2001 9:32:55 PM
From: Andreas  Read Replies (4) of 97611
 
Compaq loses most of day's gains!

As we can all see, compaq lost virtually all of its gains today in afterhours trading (274,000 shares) on the news from hwp and gtw. My gut reaction is - so what, it won't stick. The drop in cpq in afterhours was, imho, just another knee-jerk reaction to the ho-hum warnings from gtw and hwp (nothing new in that news). Consequently, I believe cpq will recoup it all in short order. In fact, didn't cpq drop more than gtw? Typical cpq behavior on the news of another company!
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