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Technology Stocks : Compaq

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To: hpeace who wrote (4739)8/14/1997 6:50:00 PM
From: Eddie Kim   of 97611
 
Sun takes on Compaq with workgroup server:
www8.zdnet.com

steve, what's your take on today's and yesterday's market weakness.
The numbers were good, but the market didn't respond like it did several months ago. I personally would like to see an addtional 5-8% correction in the DOW, and a re-entry into CPQ at the $53-54 level (I'm also eyeing COMS and would love to buy at $52/share). Candlestick however thinks a 15-20% correction is coming. Opinions, anyone, Jim?

-Eddie
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