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Technology Stocks : Compaq
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To: michael who wrote (28473)7/4/1998 12:40:00 AM
From: Merlo  Read Replies (1) of 97611
 
I know one advisor who told his subscribers to buy july 35 puts on CPQ the reason is the call to put ratio is 3 to 1 or more in
favor of calls. The MM's will try and keep this stock down. They can just as easily buy in and run this stock up but they won't. Too much money sitting on the table just like in a casino they will rake it all in. But not to worry too much this same person urged puts on NSCP.
For me I'm going to still hang in as I believe CPQ is one good company and may see their NT and Alpha sales skyrocket. Watch for some earnings surprises. With all the shorts on this stock one good squeeze
and blast off.

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