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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?


To: Roads End who wrote (63492)6/18/1999 12:53:00 AM
From: Kenya AA  Read Replies (2) | Respond to of 97611
 
Steve: Portland is a great race! I am jealous! I'll be watching too on the small screen.

Re CPQ, I was glad to see it snap back into it's base. I think 20 is probably the bottom - what else could they possibly screw up now??? I don't think the stock is going anywhere for a spell though. It needs some kind of major positive catalyst to make another run at a BO to the upside. The distributor consolidation looked promising as a catalyst in the beginning, but it couldn't pull it off. Even if that had worked, this earnings news would have dragged it back down. A very frustrating stock - even CNBC said CPQ was "sick."

K