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Technology Stocks : Compaq
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To: michael c. peterson who wrote (727)11/19/1996 7:10:00 PM
From: Leo Francis   of 97611
 
Mike, Today might mark the last day we see CPQ in the 70's.....until they split of course.

If your research leads you to consistently time and predict Tops/Botttoms and reversals, God bless you and your earnings. But for most investors, its better to invest with the trend,wait for a reversal, confirm the reversal, and invest in the new trend.

Instituitions were buying CPQ today, at a frenzy pace at end of the day. We might see some profit taking tomorrow, but any dips in price won't last long. Too much value. LF
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