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Technology Stocks : Compaq

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To: Tin who wrote (55324)3/31/1999 8:36:00 PM
From: Bazmataz  Read Replies (1) of 97611
 
It's not about me WANTING CPQ to go negative. That's just the sentiment and the momentum. No one is piling money into this stock, and everyone's looking for a reason to hurt it. I've learned not to fight the trend, and it's clearly lower. That's why I've been short it since 46... I may reenter, but not until CPQ's proven they can make money and continue to grow. All they've shown is that management is deceptive, they are probably still stuffing the channel and maybe someday they'll do something with the golden fortune they've lost by not doing anything significant with AV. Anything else? I don't think so, but CPQ is clearly looking to head below 30 again...eom
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