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Technology Stocks : Compaq
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To: Analog Kid who wrote (16940)2/6/1998 9:33:00 PM
From: Satyr  Read Replies (1) of 97611
 
No. If the market turns down again I think CPQ goes with it. But i also see where CPQ has put in a heck of a good base and should hold it's current up channel. The problem is the base of that channel is about 32. I know everyone wants to see CPQ go straight up but it's really not good for the stock. After all you can't build a skyscraper with a single beam as the base.
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