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Technology Stocks : Compaq

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To: Elwood P. Dowd who wrote (52430)3/9/1999 10:15:00 PM
From: Captain Jack  Read Replies (3) of 97611
 
EL--- as each day passes and the price drops (5 1/4% today ugh!) I feel just as confident on the year as ever,,, but not on the qtr. A bit of a release would be nice,,, but may not work anyway--so leaving Morgans statement alone is probably best--- except to take his options away for the year.

If INTC does not pre-warn pc sales may be better than now expected. The cheap computer buyers may take an AMD by default,, but all high end users want the real thing.

Yes-- more downside is coming. No news is bad news for this stock. It does not smell rotten to me ;-] looks like CPQ is being played by traders and institutions as well. If pf is telling the truth and RPS is beat to the upside it will take a little run. IMO we will see pc sales up through year end..
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