I agree, Richie. Actually, if history repeats itself, CPQ could breeze right by 50 once it does more than merely test the 12 month high.
I've held my shares of CPQ a l-o-n---g time, as in before ML even knew who they were and Kapro's were popular. CPQ seems to go up, up, up, everyone's darling, to d--own, d--own, c-r-a-w-l back up and suffer from _major_ constipation until BAM! Everyone jumps for joy that its up, up, up time. This has happened time and time again. We have just gone through--and I hope we're over with--another constipation period. I'm not a technician, but if CPQ performs as it has in the past, its _easily_ going to sail past 60.
Just my opinion. Time will tell.
I'll go out on a limb: CPQ will have a split by the end of '99/very beginning of '00.
Lynn |
