Compaq Message Board - Msg: 3324593

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Technology Stocks : Compaq

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To: Stonehenge who wrote (16243)	2/2/1998 7:42:00 PM
From: John Koligman	Read Replies (1) of 97611

Stonehenge: Very short term, I have no idea. One of the other posters has stated that CPQ is forming a pretty well defined pennant, if things hold true that means a breakout either to the upside or downside soon. My guess is to the upside, at the very least I think the market will give EP and his crew the benefit of the doubt as far as the merger is concerned. Besides, this stock is rapidly becoming a value play as time goes on! John The other thing is, as more folks take the opinion that the stock is now only a long term play, it will most likely confound all by making a move when least expected....

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