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Technology Stocks : Compaq

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To: John Koligman who wrote (8809)11/12/1997 3:05:00 PM
From: Howard Wong  Read Replies (2) of 97611
 
John:

I totally agree with you that CPQ has a strong present and very like a very bright future. Honestly I am not very good at fundamentals. I used to be interested in the fundamentals, and got burned several times. Then I switched to technical approach.

Look at this chart iqc.com
The recent "correction" is too big a congestion. And I think CPQ will take some more corrections or consolidations before it can fly again.

Any other opinions?

-gh
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