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Technology Stocks : Compaq

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To: Elwood P. Dowd who wrote (39473)12/10/1998 4:59:00 PM
From: Roads End  Read Replies (1) of 97611
 
EL..I was watching the trading the last hour closely. In the last 20 minutes or so huge bid volumes showed up, between 250,000 and 500,000. As the ask rose the ask volumes followed along. This was happening while the overall market was selling off. Maybe this news did affect the trading the last half hour. I thought it was more a defense of the old high as a resistance point but since the ask volumes followed the price up more of it probably had to do with the news. Any way the dividend news is good and the Oracle news will be helpful too. Better days ahead.
Steve
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