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Technology Stocks : Compaq

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To: Stephen who wrote (25375)5/1/1998 1:07:00 PM
From: Eddie Kim   of 97611
 
CPQ has a lot of baggage...meaning the people who bought on the way down are tempted to sell on any sudden rise in stock price. The rise will take a little time and patience will be needed. I wouldn't be suprised if other "analysts" upgrade CPQ in the near future. Let's just put this all in perspective: I picked up some CPQ just one and a half weeks ago at $25. At $30...that's already a 20% rise in price.

I think we can be in the low 30's by mid next week.
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