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Technology Stocks : Compaq

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To: Roads End who wrote (26207)5/14/1998 8:19:00 PM
From: The Vinman   of 97611
 
Steve,

I listen to CNBC and maybe wrongly assume what they say is true. I do know that analysts are full of it. Yesterday an analyst from Prudential upgraded HWP and said HWP had the best fundamentals in the PC group and called for a price target of $95.....and I really don't buy any of this optimism in the PC sector, and investors have been fooled by analysts time and time again. When I owned CPQ in the $70 range, analysts were calling for a $100 price target, but I took my profits and sold. I don't listen to them......

Regarding taking a profit on CPQ, IF it doesn't cash out on my stop loss, I will cash it in before FOMC meeting Tuesday and review after that........

Good Luck Steve

Vinman
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