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Technology Stocks : Compaq

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To: Todd Kernke who wrote (19073)3/3/1998 7:26:00 PM
From: Gary Wisdom  Read Replies (1) of 97611
 
For those interested, a little more money flow information . . .

March 03 $29.81 Down $1.31 +144MM
March 02 $31.125 Down $.94 -$141MM
Feb 27 $32.13 Down $.75 -$112MM
Feb 26 $32.88 Down $1.13 +$59MM
Feb 25 $34.00 Down $.31 +$13MM
Feb 24 $34.31 Down $.44 +$20MM

Feb 04 $34.75 Up $1.75 +$365MM (Just for reference)

Guess one thing's sure . . . the last six days have been pretty ugly. Note that even though CPQ was down Feb 24-26, the money flows were positive, showing that there were slightly more buyers than sellers. Compare Feb 04 with today and you'll see that there just wasn't the panic selling today that there could have been. Just smart buyers waiting for good prices. Bodes well for recovery. JMHO.
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