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Technology Stocks : Compaq
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To: JPolo36 who wrote (20600)3/8/1998 11:35:00 AM
From: Mike Gordon  Read Replies (2) of 97611
 
<1) I believe with this piece of bad news out of the way, it would take another major piece of bad news from the company in order for this stock to go down, which I believe is unlikely.>

JPolo36 Have you considered the following:

1) Pre announcement of DEC poor earnings.

2) Major decline of market due to, Higher interest rates, resignation or health problems with key financial leaders.

3)Major market decline due to adjustment. (Hopefully, short covering will establish 25 support level)

In summary what is the short and long impact (3 weeks to 1 year).

What defensive positions should be employed?

Mike Gordon
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