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Technology Stocks : Compaq
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To: Elwood P. Dowd who wrote (62008)5/25/1999 3:22:00 PM
From: Captain Jack  Read Replies (2) of 97611
 
EL -- <<<".... >>>When, and if, CPQ goes back to $50<<< I say 30-31 by the end of Sept. and 39 by 12/31/99. 50 will, imho, not be reached til end of Q1 2000. El ">>> IMO you are looking a year early,, there has been nothing to indicate any increase or even 28 in the near future The low mid 20s seems to be our destiny for a long time. Possibly my unborn grandchildren will inherit it at 50... Much has been done that is positive but the mkt is not reacting cpq specific but cpq follows the mkt down. IMO we languish until the reaction to a new ceo. AV may be becoming less valuable as time goes on than we anticipated. I look for a rate increase by summers end which will take the wind out of additional positive news. There is little volume as there is no reason for anyone to buy here at this time,, buy much later at the same price...
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