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Technology Stocks : Compaq

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To: Naggrachi who wrote (20204)3/7/1998 1:58:00 AM
From: ed  Read Replies (1) of 97611
 
In the past three to four weeks, CPQ dropped slowly from $37 to $27, while DELL flied high, people on this thread did not know why, and rumors all over the market, "UNCERTAINITY", this is the killer to stock price. Today, the truth came out, the rumors has been cleared, the uncertainity has been cleaned. The stock price has already reflected today's bad news, i.e from $37 to $26 , 30%. PF, released the bad news today after the price has been reflected, this ill place a break to the down trend of the past three weeks. The big boys probably already known the news , that is why we see CPQ up and down in the past three weeks, and trened down, so that the big boys can sell slowly at higher price when the stock price did not drop in one day like INTEL. From now on, the bad news has came out, the stock price has reflected 30%, today probably is the end of CPQ's down trend, from next week, we will look at the bright side of the stock, the DEC merger, which will bring CPQ to the high profit enterprise market, the ALPHA chips will push CPQ to the high margin enterprise server market where DELL, can't compete, and at the same time CPQ will continue lead the PC market. All those added together without those uncertainities , the direction of the price is up !!!! Now CPQ is oversold, and droped enough, the bottom is here !!! Period.
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