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Technology Stocks : Compaq

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To: Jorge who wrote (12579)1/2/1998 7:23:00 PM
From: Kenneth R Miller  Read Replies (1) of 97611
 
Hi Jorge:
I was thinking of you today at the close at about 4:10 pm and CPQ hadn't sold off and the momentum guys are still holding over the week-end... remembering what you said about all the preconditions and wondering if you had bought yet... Heh Heh.. Steve saying CPQ going to 70 by Jan 31st etc. I guess you could buy here and sell if it doesn't hold up.. I don't know what it means when a stock keeps going up on weak volumn... but to me .. it suggested that only a few traders were back at work, having stayed out over the holidays, so it will be revealing when Monday rolls around and back to normal volumn what the story will be.... There is so much positive sentiment about CPQ making good earnings report Jan 22nd that at least until then, we may see CPQ making up for lost time... We'll see... right?
Regards,
Ken Miller
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