Elwood,
I did not see anything on CPQ in today's Barron's except for a mention of it's price target being upped to $55, as we have already heard. Lead story was on Mary Meeker and the Interuts, some pretty interesting statistics mentioned, like the fact that Amazon's market cap at 14B has just about caught up to *SEARS*!!!! By the way, at risk of getting 'booed' off the thread, I am thinking about trading into some Dell as CPQ moves up. I think this could be a profitable short term trade if Dell acts the way it has in past years. As CPQ moves up sharply, Dell has been pretty much dead in the water since July, when it traded close to the 60 level. Given that PC demand is strong, I would not be surprised to see a quick 20-30 point move over there over the next 8 weeks or so. What do you think?
John |
