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Technology Stocks : Compaq
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To: Senator949 who wrote (39208)12/8/1998 10:54:00 AM
From: Kenya AA  Read Replies (2) of 97611
 
Robin: I believe what we're seeing is normal profit-taking by short term traders. Big institutions that have poured $ into CPQ over the past week do not move in and out of stocks on a day to day basis. Don't under estimate the power of a breakout to new highs on heavy volume. The Big Boys will buy on dips.

That said, the overall market is beginning to be problematic - yesterday was another day where the market moved up, but on lower volume. This is not good.

Be careful out there everyone.

K
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