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Technology Stocks : Compaq
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To: Mike Gordon who wrote (20258)3/7/1998 8:22:00 AM
From: Wallace Rivers  Read Replies (1) of 97611
 
Mike:
I agree, great post...SI and particularly the posting of AGE downgrades to Accumulate and then Reduce (or something like these two) really helped me in my decision making process re Compaq. There was a lukewarm preannouncement early in the week, and the feared actual preannouncement happened courtesy of CPQ management Fri. after the close (how kind of mgmt. to give this piece of news to those long to help them with their weekend plans!)
That being said, CPQ will attract Buyers at some point and that price will hold. Where it is I can only conjecture.
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