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Technology Stocks : Compaq

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To: kahunabear who wrote (20789)3/8/1998 8:48:00 PM
From: Hector  Read Replies (1) of 97611
 
It's worth more than $15/share as long as people believe they can
buy it and sell it for a higher price. When that psychology changes,
we'll be in a bear market and it'll probably go to $5.

BTW, it's still a good company as are many, but these valuations
we're seeing today are nonsensical. These violent swings in the
averages tell me an earthquake is coming.

Dave
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