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


To: Christopher who wrote (65716)7/25/1999 11:24:00 PM
From: Captain Jack  Read Replies (1) | Respond to of 97611
 
Chris--- Let me see,,, Fri was the 1st trading day after the announcement of MC getting the job, GTW went through the roof (9+early) on great earnings, and CPQ gets an upgrade by a magor brokerage, CPQ dropped and that is positive right? We really look at things differently. I thought on good news the stock should go up and that would be positive. But on very good news it goes down 3/8 and you consider that positive? What happened to the hype of "3 points the day a CEO is named" many talked of? The drop from 28 to 25 (is it finished dropping?) on very good news is positive? It was only the traders that pushed it up for a fast buck,, let us hope the institutional holdings indicate a positive trend... Where is the talk of 38 by Sept? Are some thinking 28 then would be positive? Everyone is happy with the best forcast 12 months out at 34,,, way off its high? There is a difference between being negative or realistic and having stars in the eyes