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Technology Stocks : Compaq
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To: Senator949 who wrote (31389)8/21/1998 9:09:00 AM
From: MarkM  Read Replies (1) of 97611
 
Something fundamental I want to learn about CPQ and about the market in general. CPQ has turned the corner it seems and is getting piled up with glowing upgrades, fine sentiment, and new highs each week. Yet the bull market has been weakened by Asia, world currencies, Clinton, etc. The market will always have something to fret about, but seems particularly insecure now and going into the fall. Perhaps something will break? I see a nice runup into October earnings followed by a big DOW drop (2000 to 3000 points) in later October. If my observations are true (feel free to disagree) then my question is this:

"Over the next 3 months will this help CPQ (flight to beaten down quality) or hurt CPQ (ie: CPQ along with the best of them can't hold)?"

Thanks for feedback.
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