Compaq Message Board - Msg: 3666251

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Technology Stocks : Compaq

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To: Mike Gordon who wrote (21265)	3/10/1998 8:07:00 PM
From: John Koligman	Read Replies (2) of 97611

In addition Mike, I have this sick feeling that CPQ will stay flat with the DOW hitting 9000, but guess what happens when the DOW decides to correct 700 points.... As for institutions, do you think they are pretty much out at this point? I know CPQ institutional ownership went from around 82% in the fall down to the 70's, but if they really want to cut back, ouch! The other thing is, with these volumes it seems that they should not have had a very hard time selling, 112 million shares (almost 10% of outstanding shares) in just the last two days. John

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