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Technology Stocks : Compaq
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To: Bilow who wrote (10920)12/11/1997 5:17:00 PM
From: Bazmataz  Read Replies (1) of 97611
 
Is anyone else reeling from this pathetic price action? Compaq is dropping like a rock without a foreseeable bottom and Dell and GTW are not? It seems to me there is definitely something on the street that we don't know about and there must be some major institutional dumping of this stock. How else could it go so low on such high volume? Could such a significant, sharp slide be because of channel problems? Is CPQ that much more susceptible to Asian woes as other stocks? From what I can see, CPQ has been one of the worst performing stocks on the NYSE each day for each of the past few days. What's going on here? How low can we go?

BC
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