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Technology Stocks : Compaq

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To: rupert1 who wrote (37295)11/24/1998 10:21:00 AM
From: csm  Read Replies (1) of 97611
 
Yes, I would pick CPQ for 20% rise. I've only been following it for a few months but it seems to me that there is strong resistance here that we will soon overcome. All indications are that the merger is going well and the PC market is hot. As an outsider,I thought the direct sales announcement was timed very astutely, just before Dell's numbers and that has put CPQ on more people's radar screens.

There's too much whining on this thread!<g> Don't forget that this *PIG* is up 50% from its low of $23 in just over a month. What's wrong with that? The next move will probably put us into the $40-45 range, close to a double. This isn't some small cap.

Stuart
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