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Technology Stocks : Compaq
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To: MeDroogies who wrote (93078)9/17/2001 1:41:23 PM
From: QuentR  Read Replies (1) of 97611
 
The losses of this stock have little to do with the New York/Washington tragedy. Compaq and the market were headed in this direction since Labor Day. We lost 2 points right away and then one more the next week, and probably would have lost another one last week anyway. For a lot of companies we are seeing where they would have been anyway. True a few companies like airlines are experiencing extraordinary losses in stock value. However, MC set Compaq in this direction and now if the deal is accepted the stock value is controlled by HP. The deal was not a good choice in a falling market. Wall Street seems to agree.
I agree, how MC personally handles this tradegy is his own business.
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