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Technology Stocks : Compaq
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To: hpeace who wrote (5938)9/24/1997 11:48:00 AM
From: TechMeister   of 97611
 
This price action is called CONSOLIDATION. The longer CPQ languishes in this 76 area, the better it prepares itself for a big launch into the 80's, come earnings time. I am predicting $85 shortly after earnings. The eophoria with earnings and a strong december quarter will ignite a major rally in Nov, dec and Jan. There is no doubt, it will cross 100 by Jan. And that is conseravtively speaking.

-TechM
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