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Technology Stocks : Compaq

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To: PCSS who wrote (94647)1/9/2002 8:49:21 AM
From: MeDroogies  Read Replies (1) of 97611
 
I don't think so, at least not for CPQ. But...to its credit, the merger is looking like it will go through (upward pressure), and Wally has been discredited (supports upward pressure).

Technically, however, CPQ is looking tired. If it continues up, it will be driven by the merger and the overall improved outlook for the industry. I've never bought puts, but if CPQ doesn't fall back after 10am, I will consider it.

BTW, what should the proper price in comparison to HWP be?
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