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Technology Stocks : Compaq

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To: Box-By-The-Riviera™ who wrote (11792)12/19/1997 11:47:00 AM
From: Elwood P. Dowd  Read Replies (3) of 97611
 
Joel....the fact is that CPQ has been in a near free-fall for some time. The trend is down, not up. I don't like it any better than anyone else on this thread as I am long with a pretty good-sized chunk of shares. I don't prefer to delude myself and/or mislead others into complacency and will not bury my head in the sand. I believe that short -term we're in for more bad news for the market in general and more downward pressure. Long-term, I think that CPQ will recover and return to it's high and that the company will emerge a winner in this technology driven world. Good Luck, Stephen
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