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Technology Stocks : Compaq

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To: Howard Feinstein who wrote (56642)4/10/1999 10:54:00 AM
From: needawin  Read Replies (1) of 97611
 
It seems to me a lot of smart money knew things would be bad. For the last month in a strong market each time cpq rallied with the market and approached $33 it immediately went to $30 or below. I look for the smart money to hope small investors over react and give away their shares. They will not be buying Monday but will wait for the stock to go below $25. Then after individuals have sold - a few months later the stock will be back to $30 to add insult to injury - moral buy and hold if you believe this stock has a future. You can't beat those with superior knowledge.
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