Compaq Message Board - Msg: 6627930

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Technology Stocks : Compaq

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To: Night Writer who wrote (37976)	12/1/1998 11:50:00 AM
From: Kenya AA	Read Replies (1) of 97611

*OT* NW: A little TA fun. I'm looking at a 6 month chart for LU. For the whole month of August it consolidated in the 85-90 area before breaking support on heavy volume. It bottomed out around 55. It has worked its way back up and now again is in the 85-90 area. It's been there for about 3 weeks - mirror image of August. EPS rank 97. RS 93. Neutral accumulation/distribution. I think it's stuck in this range because of acquisition worries. Never disappointed in earnings. McGinn is a great CEO. Internet bound. 52-week high around 108. Simple TA says if it breaks through 90 on BIG volume - it's a buy for at least a 15-20 point gain. What do your BBs say? K

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