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Technology Stocks : Compaq

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To: rupert1 who wrote (52249)3/9/1999 10:47:00 AM
From: trouthead  Read Replies (3) of 97611
 
It's too early to know what the actual earnings date will be, but I'll take a guess at April 28th. I think we'll be closer to 45 than 35 on that date. Why and what will it take? The sell off is overdone. The market is high and, for some stocks (mostly inet) quite frothy, people are sitting on the trigger hoping to get out before the door gets locked. However, with CPQ, the door is not closing. Sorry false alarm. As we get closer to earnings news will start to come out that the "PC slowdown" stories of early March were exaggerated and that will float the boxmakers towards the end of April.

Balloon likes to float (theories).

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