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Technology Stocks : Compaq

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To: Captain Jack who wrote (93127)9/19/2001 5:55:47 PM
From: Charles Tutt  Read Replies (1) of 97611
 
There's no particular reason for further falls either, though. Everybody knows, and has known for quite some time, that earnings will suck for a while. And I can't imagine anybody not knowing about the World Trade Center and its likely impact on consumer confidence, etc. So those factors are, almost by definition, already priced into the market.

Now it's margin calls and momentum investors, until that works its way through.

JMHO.

Charles Tutt (TM)
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