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Technology Stocks : Compaq

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To: RAY WACLAWSKY who wrote (3930)7/10/1997 1:13:00 AM
From: wiz   of 97611
 
Ray

I didn't say I though CPQ would go up much more. I think right now CPQ has the latitude to make the stock price do whatever they want it to do.
If they have something cooking in the buy dept., and they want to run the price a little higher, they have the "powder" to do it. If they want to salt a little away until next quarter, they can do it, and still beat estimates. Thing is they seem to be in a pretty agressive mood lately.
My guess would be your short is a pretty good bet.(would have liked DELL better) The morning could be a little nerve wracking though! I personally stayed away from this one at this point!

Mark
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