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Technology Stocks : Compaq

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To: hpeace who wrote (6511)10/13/1997 10:48:00 AM
From: John Koligman   of 97611
 
So where is the 'pre-earnings runup' sports fans?? Did it already happen when management adjusted sales targets up a couple weeks ago and CPQ jumped from 65 to 79, then pulled back?? Is this the breather until the next move? It would seem to me that short term investors/traders would be loading up if the quarter is going to be that great, and selling on the news. No such action over the past few weeks, the stock has simply been trading water, and has been weak at EOD. It seems to trade up in the morning and trail off at the close. Today it's trailing off even earlier, it was up around 5/8, now flat in an up market.

John
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