Compaq Message Board - Msg: 2933134

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Technology Stocks : Compaq

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To: ed who wrote (10796)	12/10/1997 10:12:00 PM
From: werefrog	Read Replies (4) of 97611

To All: Tech stocks in for a fall because of too much of everything at stocksite.com CPQ is mentioned specifically, includes all tech stocks in general. This stock is going down on good news, just think how much it will go down on any bad news. I played it 2 times buying in low 60's and selling in high 60's but this is the 3rd time recently it has tested 58 and judging from stocks like ASND, WDC, and others, the 3rd time they keep on going down. It doesn't take too much imagination to see this stock at 40 or even 30 because of Asian Flu, possible interest rate hike, and just too much inventory being pushed in the tech area in general. Jim - Dallas

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