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Technology Stocks : Compaq

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To: Kenya AA who wrote (58683)4/19/1999 11:04:00 AM
From: Elwood P. Dowd  Read Replies (2) of 97611
 
K... I am very surprised that CPq opened higher today. Even got an upgrade fron hold to accumulate. I have heard for years that Rosen is a very sharp guy AND ethical. If he plays his cards right over the next few days and comes with some positive news, CPQ might get another boost. Would help if some $$$ would start flowing back into the techs, however. kumar said something to the effect that "this should be absolute bottom for CPQ." We'll see. Could be a long road back, but we could see high 30s by Christmas if we get a new CEO that WS likes, seasonal sales kick in, AV spins off, and $$$ come back from the cyclicals. El
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