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Technology Stocks : Compaq
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To: CGarcia who wrote (32418)9/6/1998 11:55:00 AM
From: CGarcia  Read Replies (1) of 97611
 
Since Compaq stock hit a high of $39.75 this year at one point, and prosperity for the company is now good, shouldn't we assume that the current 25% drop in that high is the correction for CPQ? I mean if the market is going to correct 25%, and Compaq stock has already done so, with 3rd and 4th quarters earnings expected to be in the plus, shouldn't we be starting an uptrend now?
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