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Technology Stocks : Compaq

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To: Elwood P. Dowd who wrote (18025)2/26/1998 12:04:00 AM
From: Analog Kid  Read Replies (1) of 97611
 
Stephen- You are truly a voice of reason against alot of noise here lately......

Here are some other reasons the street is shying away from CPQ.

1. I don't think the split was viewed as a positive. Too many shares, too close to the last split etc.

2. The "stuffing the channel" rumor refuses to die. Although this was proved false last month, it continues to be the perception.

3. The BTO program, which has always been mis-quoted, continues to be viewed as negative. The stock's just in a funk right now. What should concern everyone is not when it will rise but how much it will fall when this market decides to correct again.Anyone want to guess what will spur the next sell-off?
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