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Technology Stocks : Compaq

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To: hpeace who wrote (377)10/25/1996 8:29:00 PM
From: Leo Francis   of 97611
 
Steve, I've enjoyed your recent commentary and answers to several CPQ
questions. I must ask though, what is your background and qualfications which enable you to answer with such clarity and seemingly thorough knowledge of CPQ issues and industry trends.
As a new registry, I don't know. Also, I will admit, as a general Bear for the High Tech and Dow, I've been convinced that CPQ is in the beginning of a substantial uptrend in stock price ever since CPQ broke out of 65 5/8. Many technical indicators and basic fundamentals have triggered major buy signals. I am a bit concerned, as contrarians go, that many other analysts have now begun to recommend the stock, and the mantra's of target prices of 90-100 are being chanted. But I am going to stick with my buy signals. LF
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