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Technology Stocks : Compaq

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To: Stephen who wrote (22542)3/19/1998 6:51:00 AM
From: van wang  Read Replies (2) of 97611
 
stephen...

you are right...a better example is Apple (AAPL)...share is at $27...I am short and I may need to cover as it looks as though the stock will kick to 30 ...kind of bid

no doubt anyone would rather own CPQ...but they got all that talk about consumer products with fancy silicon valley names like Columbus, Rhapsody...etc...they are still a PC maker but the sentiment very good

CPQ is in the shitter...and dont fool yourself...we will test 20s...the only hope is if mkt gets so overbought because investors are pricing in 50 basis rate cut...then CPQ may actually trade up to 25 because there is no place to put the money and no excuses not to be in it...this may buy some time for CPQ..

cheers
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