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Technology Stocks : Compaq

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To: Lucinos who wrote (12312)12/30/1997 4:34:00 PM
From: monu  Read Replies (3) of 97611
 
Let's face what we don't want to face. Compaq has been highly touted at least since I first became interested and that was when the stock was in the mid to high 70's. It has steadily declined since then in spite of all the accolades. IMO, no one sells 200,000 + shares on a company they think will rise in the short term. We don't want to face the truth and that is that cpq is going lower and may go a lot lower. Anytime someone says something negative, they are jumped on, but the facts remain the same. Look what the market has done the last 2 days and look at compaq in comparison. I told my wife when the stock was up over a point today, that if I was in the money, I would have sold. It's not going anywhere friends except down. Wait to the bad news hits (whatever it is) and it will hit. BTW, I would gladly eat my words for a profit, if I was wrong, but I am sure I am right.
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