SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Compaq
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ada Marie who wrote (56751)4/10/1999 2:03:00 PM
From: rupert1  Read Replies (2) of 97611
 
Ada: Kumar is King right now - and I don't want to deny any credit he deserves. But the last time I saw him in an interview about 8 week ago CPQ was in the mid-$40's and he was recommending it as a BUY, but with an aside that it might fall to the "mid-thirties". It is a constantly changing landscape and we are all fallible.

I would be happy if it stopped at $24. Who knows what huge volume and momentum will do in a spike down. But I think $24-26 is an eventual equilibrium point, after it has touched bottom and rebounded.

One possible saving grace for the stock is the 40% haircut it has already had from its high. Another is the possibility of stock buy back under the existing provisions.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News