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Technology Stocks : Compaq

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To: peacelover who wrote (18540)2/28/1998 12:34:00 PM
From: Satyr  Read Replies (3) of 97611
 
Your 30+ was 31 7/8 and as I told you this stock has been having trouble for months. How convenient to blame it on the analysts. Various rumors have been popping up about Compaq and those who count (those with the money to affect the price) have spoken. This is not some stock that does 200,000 shares a day and can be easily manipulated. There are problems out there that we don't know about yet. Compaq is a solid company and will no doubt correct what's wrong and move forward later in the year. Until then stop trying to blame individuals for what is obviously a company problem.
BTW I'm long Compaq. Bought it at 32 on the day the analyst downgraded it and have stated that i think we are within a point of the bottom.
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