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Technology Stocks : Compaq

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To: PCSS who wrote (28667)7/8/1998 9:59:00 PM
From: Merlo  Read Replies (2) of 97611
 
Break the $30. barrier. I don't think so! The MM's are trying their
best to keep this stock below $30. Read my previous posts about this.
You'll see the July call / put ratio is 4 to 1 in favor of calls. The
MM's will try and keep it below $30. Now what can ruin their plans? For one, the money flow is sitting offshore ready to pour in anytime now but it will take a big brokerage house to buy in big and move
the shorts into action. I hope I'm wrong and we see a big rally.
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