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Technology Stocks : Compaq
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To: RANDY DAVIS who wrote (20195)3/7/1998 12:37:00 AM
From: General Crude  Read Replies (2) of 97611
 
I think alot of the negatives are already built in. Talking Heads thought MOT pre-announcement was going to crater the NASDAQ today. They were wrong! I've come to expect bad quarters from MOT and so had everyone else. CPQ is a little different, but INTC has already warned and we had already been hit fairly hard prior to that. Volume has been heavy on CPQ recently so a lot of selling has already been done to get us where we are now. Question is how much more? Hopefully we are near bottom. I wish I hadn't bought last week, but I was buying for the long term. Think DEC deal should be good. At least CPQ is partially paying for DEC with stock.

Good Luck,

Doug
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