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Technology Stocks : Compaq

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To: Eddie Kim who wrote (26483)5/22/1998 4:58:00 PM
From: ed  Read Replies (2) of 97611
 
If you look at the chart of CPQ in the last 100 months, you will see 5 pull backs
from 1991 to 1998, i.e

1991 to 1992 last for 10 months
1993 last for 6 months
1994 last for 10 months
1995 last for 6 months
1997 to 1998 last for 9 months so far.

So in the past 100 months, the stock pulled back for 41 months, and went up for
59 months, and the stock still appreciated from $3 to $27 1/2 as of today.
So, the pull back of this round(from Sep of 98 to today) is close to its end, and once it starts to climb, it will
be very fierce. I bet it will be the time the DEC deal is closed and all good news starts to comming out !!!!!
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