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Technology Stocks : Compaq
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To: Night Writer who wrote (20152)3/6/1998 9:57:00 PM
From: RANDY DAVIS  Read Replies (1) of 97611
 
I'm trying to be logical about this whole situation. The stock has already had the crap knocked out of it since Feb. 6 to 27. I look at stockastics and the damn thing is getting ready to pass down through the chart base (oversold). I know that news is exception and gooberhead from Montgomery (I Think) on CNBC said that alot of the news is already built into price (In so many words). So what am I missing. I still think 27 is good buy. I do know one thing: "Trees don't grow to the sky, but roots don't grow to China, either. That is, unless you are Dell. They are growing to the sky now, and they will grow to China in time. That is certain. Compaq has a loyal base that will be here for a long time, but Dell will not be able to compete with SONY, Mitsubishi, etc. down the road. Now is the perfect time for DELL holders to jump onto Compaq.

Just letting out thoughts/aggressions on the board.
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