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Technology Stocks : Compaq

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To: Satyr who wrote (24059)4/7/1998 10:15:00 PM
From: Satyr  Read Replies (1) of 97611
 
I still feel that CPQ will trade no lower than 22 and that if the NASDAQ stabilizes it probably won't even take out new lows. We just got caught up in tech selling fever and I think it may be just about over. I don't think there is much of a downside potential from here. I think we will trade in a 23 to 27 trading range for some time as CPQ works out any problems the DEC merger might have.
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