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Technology Stocks : Compaq

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To: michael c. peterson who wrote (753)11/19/1996 11:11:00 PM
From: Leo Francis   of 97611
 
Mike, I'm buying more, and recommending buying all the way to 86-90. CPQ is now in a new trading range of 75-114/128. From here to 86, indications show no resistance. Minor resistance at 86-90, then bang, we go to 114/128. CPQ is a bargain at 86.

If you do go to Vegas, make sure you hit the poker tables. Conventioners cannot play, and usually you will win big if you know how to play. Watch out for the locals. Remember, they only stay in if they have jacks or better to open. They rarely bluff. They bet on the strong hands only. Sort of like going long on CPQ. LF
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