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Technology Stocks : Compaq
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To: Elwood P. Dowd who wrote (25206)4/29/1998 4:49:00 PM
From: Intel Trader   of 97611
 
One last consideration re CPQ:

near today's close there were a number of large blocks that went at the ask, and a couple above the ask. Were there no buyers in CPQ over the last few weeks, (with all the shares that trade in it regulary, if the stock had no value and/or people had lost faith in CPQ), we would currently be under $10 per share. As it is, this stock has hung in there, and if anything, is digesting its gain from the $24 area where we were recently.

Hang in there folks. The time will come when this star will rise again, but it sure won't do it while we watch and wait for it ~: )

it
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