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Technology Stocks : Compaq
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To: Jay Durell who wrote (54268)3/20/1999 2:50:00 PM
From: Racso  Read Replies (1) of 97611
 
Jay: I agree with Victor. As of the end of Friday, the most oversold stocks [relative strength basis] in the tech universe were, starting with the most attractive, COMS, ORCL, CPQ and IBM, all with
a 14 day oversold level below 40. That places them within the 10 most oversold stocks in the S&P100 [OEX] index which includes true dogs
such as FLR, IFF, MKG AND CSC. The techs mentioned are due for a
rebound. Incidentally, AT&T was way oversold as well.
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