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Technology Stocks : Compaq

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To: Elwood P. Dowd who wrote (30698)8/8/1998 9:07:00 PM
From: MarkM  Read Replies (2) of 97611
 
Prediction: CPQ to $39.5 by earnings in Oct. Major correction (or minor crash, whichever you prefer) brings DOW to 7400 in later Oct or early Nov. CPQ pulls back hard to $31.5. Then merrily recovers in the January effect up to $46ish, still with plenty more gusto to come in the spring.

So everyone knows where I stand, I am long 400 shares CPQ, (2/3 of my portfolio, which is 95% stock and 5% cash). Have held 400 shares for past 9 months. CPQ has done well for me so far and looks VERY good for the future!

PS: I predicted in previous posts that CPQ would be $34.5+ by July earnings, and was bang on!

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