Compaq Message Board - Msg: 3204362

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Technology Stocks : Compaq

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To: robbie who wrote (13938)	1/19/1998 3:25:00 PM
From: MIKenn	Read Replies (2) of 97611

You didn't ask my opinion but here it comes: Based on the intraday activity of CPQ for the past several days, the timing of your trades could not be worse. Repeatedly, CPQ opened high or surged within the first several minutes of trading. Then it began a gradual descent throughout the day, only to make a half-hearted recovery in the closing minutes. I believe this trend would only be exaggerated if the earnings report is as expected or slightly better. In particular, the opening trades would reflect the new information, only to succomb to the recent trading patterns. If you trade after the release of information, you would miss substantially all of the potential upside and expose yourself to a significant downside... Or I'm nuts and just griping about getting burned on January 60 calls.

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