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Technology Stocks : Compaq

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To: Howard Feinstein who wrote (52852)3/11/1999 4:21:00 PM
From: Elwood P. Dowd  Read Replies (2) of 97611
 
Howie... When a stock free-falls like CPQ is doing, it's not because things are good. CPQ may have to warn and then come back with a good outlook, a successful 4/12 Innovate, an upbeat shareholders meeting on 4/22, and more on AV. This stock, imho, may drop to the mid 20s on a warning and then recover to the low 30s in late April. With no warning, we could see 40 by 4/30. But then WHAT DO I KNOW??? MSFT and CPQ are pretty tight. MSFT will say whatever they can tonite to benefit CPQ if they can justify positive comments. I'll be listening carefully to what MSFT has to say. If they say things are bleak, we gap down tommorow. El
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