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Technology Stocks : Compaq

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To: Bilow who wrote (11341)12/16/1997 12:36:00 AM
From: hpeace   of 97611
 
saying that cpq will crash is like saying the sun will come up..
cpq has 31 crashes in it's histroy
To: Leo Francis (670 )
From: steve
Monday, Nov 18 1996 12:35PM EST
Reply # of 11405

thread ..cpq crashes..
many of you'll remember me saying that cpq crashes all the time and i call of
some of the early ones and then the reply was but only a few crashes recently..
Well, here are facts on that.. These numbers are approximate since it's a weekly
graph.
Daily high and lows will make this even a bigger % and point spread drop.

91-92 25 to 7 pull back 70%

93 almost 20 to 14 pull back 30%
almost 20 to 15 pull back 25%

94 40 to 30 pull back 25%
40- to 30 pull back 25%

95 45 to 30 pull back 30%+
55 to 42.5 pull back 22%
56 to 44 pull abck 21%

96 54 to 36 pull back 30%+
50 to 40 pull back 20%

10 pull backs since 91 and the 9 yrs before that there are 20 more.

20% to 40% pull backs are allot of points.

I see nothing is cpq future to prevent this.. maybe it just happen
5 times the next 5 yrs instead of the 10 times the prior 5 yrs and the 20+ the
prior 9 yrs..

Long term investor would be best to just hold the stock and forget
about these pull backs.
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