to all cpq bulls . . . i see a lot of price targets on this thread and usually don't think much of them, but i do think the bullish folks are thinking in the right direction. the next few days could be good days for cpq - really good. dell owners seem to be hanging tight until earnings. gtw was up today and though their multiples are lower than cpq, they are not half the company. investors will be looking for places among the box manufacturers to put their money into. cpq is on a good momentum, no sudden dramatic rises, just steady upticks each day. fidelity ownership is good news! great signal to the market about their bullishness.
does anyone know when dell reports? i have mixed feelings about dell possibly missing earnings. making earnings with bullish outlook will obviously divert attention away from cpq, not good but should just be a short term phenomenon. a dell bullish outlook will over the long run benefit all box manufacturers. dell missing earnings or a bearish outlook will hurt them, but there is an outside chance that investors will turn to cpq. because of the dec deal and all of the positive outlook. money will be pouring out of dell and unless money managers turn sour on the entire sector, cpq may benefit.
cpq at $51? i myself refuse to believe it only because i am not that lucky! cpq above 40 and possibly closer to 50 than 40? most definitely. don't try to time this one - there may be no correction until the mid-40s. ride the wave at least till mid-40. one wrikle - asia seems to be lower today. if cpq is affected by a general market downturn tomorrow, get in! good luck all.
all of the above imo, of course. |
