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Technology Stocks : Compaq

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To: Howard Feinstein who wrote (60120)4/29/1999 7:23:00 PM
From: QuentR  Read Replies (3) of 97611
 
Large institutional activity today, I-Watch reports about 35M Buy interest and 15M sell interest, with about 15M or about 70% of activity from institutional buying and selling. Usually total institutional interest is about 10 times actual buying and selling, today only about three times. Could be fewer players and more follow through on interest. Based on continued interest in the stock, I would look for big gains tomorrow 1 1/2 to 2.

IMHO maybe with some good news next week we can start making the move back. This company has been here before and should be in the low 40s after 2nd quarter earnings statements.
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