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Technology Stocks : Compaq
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To: Elwood P. Dowd who wrote (12108)12/26/1997 12:49:00 PM
From: Dulane U. Ponder  Read Replies (2) of 97611
 
Stephen, I watched cpq trade for a few minutes and from the size of the trades it definitely looks like small investors are doing all the buying and selling -- mostly 100 share blocks with the largest I saw being 5000 shares. Intel's up a fraction today. That dog 3 com just keeps on going, of course, it's down from 58 to 33 and change but then cpq is down even more and it can't get out of its own way. I have to believe that heavy manipulation is going on relative to cpq. Think the MM's want the price to go so low they can insure double digit profits in '98 when cpq continues to bring in good earnings.
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