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Technology Stocks : Compaq

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To: Mohan Marette who wrote (18022)2/25/1998 2:45:00 PM
From: Elwood P. Dowd  Read Replies (4) of 97611
 
Mo...I don't buy into this "market manipulation" or "options expiration" stuff. This whole deal strikes me as being very simple.... The DEC deal has created an air of uncertainty, therefore there are more sellers than buyers, pressuring the stock downward. This has begun a snowballing effect, changing the trend from up to down. CPQ is viewed as dead money in the short-term. I buy 500 more shares @ 32. End of story. Stephen
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