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Technology Stocks : Compaq
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To: Jorge who wrote (18330)2/27/1998 2:13:00 AM
From: Satyr  Read Replies (1) of 97611
 
I agree totally. If you read any of my earlier posts I've said all along that CPQ is a solid company that would do well in the long run. I only attempted to point out that the unrealistic posts of "40 by the end of the week" were unrealistic and that from a technical standpoint a correction to 32 would be expected. I bought it today at 32 as I had my order in for a while now and do think that it will perform well with time. Some cannot accept however that there are problems with the merger that will take time to straighten out and therefore they seek to place the blame for the stocks poor performance on others. (Analysts and Reporters or whoever disagrees with them) No analyst will swing a company that trades as much as Cpq without having some truth behind what they say.
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