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Technology Stocks : Compaq
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To: Johnnie W. who wrote (16591)2/4/1998 4:38:00 PM
From: Jim McMannis  Read Replies (1) of 97611
 
Johnnie W.,
RE:"Another 50,000 share block on uptick sold....that block's worth @ 1.74 million dollars!

Yes, institutions are buying the stock back. This after they dumped it a couple of months ago. What do you think has been driving the stock? In October...CPQ had too much institutional ownership. That's why it was so vulnerable.
Jim
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