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

To: Christopher who wrote (66285)	8/3/1999 10:49:00 PM
From: Captain Jack	Respond to of 97611

Chris--- very true <<"CPQ has been retracing but the good side of that is that it has been retracing on low volume and that is very important. CPQ advanced 50%(8 dollars) recently and has retraced about 50% of the $8 which is about $4 and that is normal. It will be also normal if CPQ goes down to 22 because then it would have retraced 66% of the $8. Short term CPQ is becoming oversold but intermediate term it is strong and that is very important. CPQ has very strong major support around 20.">> We are looking at a $20 range company for some time...