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Technology Stocks : Compaq

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To: CGarcia who wrote (36410)11/12/1998 4:39:00 PM
From: Elwood P. Dowd  Read Replies (2) of 97611
 
Instanet really doesn't mean a whole lot. Today's action was more influenced by the fear that the Fed will not cut and the Iraq situation. Tomorrow will probably more of the same. If they get Iraq ironed out and the Fed cuts All stocks will rise. I'm certain that CPQ's movement will be more influenced by Dell's revs and forward-looking statements, and I haven't seen/heard any of that. It's time, barring economic woes and international prblems, for CPQ to stand on its own merit. After all, pc sales are good! In other words, a time will come when CPQ goes up and Dell goes down. El
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