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Technology Stocks : Compaq

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To: Kenya AA who wrote (58723)4/19/1999 2:39:00 PM
From: Elwood P. Dowd  Read Replies (3) of 97611
 
CPQ is flirting with the 52 week low of 22 15/16. So far it seems to bounce a little there. I can't believe that the internet craze has ended. I believe that they'll sell off a little more and then the $$$ will come back in, which should benefit CPQ, too. The return will, imho, be precipitated by IBM's and CPQ's earnings reportes and forward-looking comments. All bets are off if they see a dismal Spring and Summer, but I think we have heard hints of bullishness from both camps, haven't we??? perhaps I'm dreaming. El
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