Compaq Message Board - Msg: 2669606

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Technology Stocks : Compaq

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To: giddy guru who wrote (8245)	11/7/1997 5:56:00 PM
From: Howard Wong	Read Replies (1) of 97611

Sorry that I get back to you this late. I think CPQ is in a period of correction and consolidation. Short term speaking, my opinion is that CPQ in a down trend. It will probably trade within the range of $70-$62. $70 is the resistance, and $62 is the suppport. Take a look at this chart iqc.com And I am worried that it has a dangerous change of sinking through $62.00. Same thing goes with DELL. What's your opinion on CPQ? -gh For reference, also take a look at this intra-day chart (15-minute chart) iqc.com Good luck

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