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Technology Stocks : Compaq

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To: Elwood P. Dowd who wrote (50915)3/2/1999 12:32:00 AM
From: zalesky  Read Replies (1) of 97611
 
To all: Well with the bad news from Micron coming out
after the Bell I'm sure CPQ will be in the 31 dollar
range today. I may in fact double down my position
this morning due to the fact a move to 31 bucks will
complete an approximate 40% correction off the recent
high. This light speed correction should run its
course either today or on Wednesday. An intraday move
into the upper 20s is still a REAL possibility although
totally unjustified (even considering the recent news
from the sector). Good Luck Folks!!!
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