Compaq Message Board - Msg: 8048828

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Technology Stocks : Compaq

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To: Diamond Jim who wrote (49851)	2/26/1999 10:17:00 AM
From: zalesky	Read Replies (2) of 97611

To brady: I don't think it is time to buy CPQ at this time. I've been trading them as high as the upper 40s recently and unloaded at those levels several weeks ago. I repurchased just one hundred shares at 44 a few days ago but feel there will be additional downgrades coming on Monday after additional analysts go over the lowered expectations from the company. I would tend to think a price in the 31 to 32 buck area would be a better price target to average down on these guys. Problem is they've just thrown a monkey wrench into the entire high tech sector. This will be tough to recover from. All I have to say is THANK GOD I GOT OFF MARGIN TWO DAYS AGO!!! GOOD LUCK TO ALL HOLDING THE BAG!!!

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