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Technology Stocks : Compaq

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To: fooledalot who wrote (43784)1/16/1999 1:33:00 PM
From: Kenya AA  Read Replies (2) of 97611
 
f: Generally speaking, I agree with victor's predictions but I would hesitate at being so precise about any stock's price movement. I think the earnings being reported this week in the tech sector will be "better than expected" which should keep just about everything in an upward trend, including CPQ. I think CPQ will move to just over $50 by the time it reports, but will sell off 3-4 points just before or after the announcement. I'm expecting a general market decline at the end of January or early February so I'm not sure whether CPQ will rebound quickly to the $50+ area and then decline with the general market, or whether it just doesn't rebound.

K
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