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Technology Stocks : Compaq

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To: rupert1 who wrote (60199)4/30/1999 5:36:00 PM
From: zalesky  Read Replies (2) of 97611
 
To all: I like the way CPQ is forming a solid base
here in the low 20s. Anyone out there who was burned
at higher levels with this stock (like myself) should
really consider nibbling at these prices and buying
in significantly if it trades between 19 and 21!!
All the terrible news is out of this company and with
the implementation of a new CEO and CFO the road to
recovery will begin. I remember another fallen PC
maker back around 1993 or 1994 called IBM. When it
bottomed in the low 40s people began to whisper that it
might go out of business. The rest is history. Sure we'll
see CPQ dragging its rear in the low to mid 20s for awhile
longer but PLEASE don't count them out!! Their time in
the sun will return and it might be a bit earlier than
most expect. Good Luck and HOLD ON!!!
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