Compaq Message Board - Msg: 3531615

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Technology Stocks : Compaq

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To: xwallst who wrote (18051)	2/25/1998 7:09:00 PM
From: John Koligman	Read Replies (2) of 97611

Yep, it sure looks as if the money managers have been buying just about ALL the leading techs EXCEPT this one. The fact that the DOW and NASDAQ are powering forward while CPQ is powering backward is a NEW phenomenon to me! The other factor I keep hammering away at is the market is awarding Dell a market cap very close to that of Compaq now. Hopefully a short term phenomenon (and I mean that CPQ should jump, but for all I know, maybe Dell will pull ahead). Only good sign is that once the tread gets totally negative, that is probably when the stock will pop. As for Zalesky, he is beginning to scare me, in that he has surfaced twice, once in the fall, and now. We all know what happened to CPQ's stock price in the fall. I hope his reappearance does not portend the same now. I also saw a pretty experienced trader comment on the AMAT thread today that he is shorting CPQ. John

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