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

To: George Elliott who wrote (70887)	11/3/1999 4:27:00 PM
From: Captain Jack	Read Replies (2) \| Respond to of 97611

First of all Thomson-I-Watch is one of the most useless tools available and often is a contra-indicator. I have been preaching that for months. There is little actual buying and holding by institutions. They just bailed and have little reason to believe last qtrs numbers were much other than possibily a fluke,, they were not that great anyway overall. They are in essense saying "MC, you do not wat to talk to us,, to hell with you,,, you and the shareholders need us a hell of a lot more than we need you when other issues are performing great! Sit on it,, or in it alone!" Until there is communication or a long succession of great qtrs it will stay in the teens to low (possibly mid) 20s. That can be a very long time..

To: George Elliott who wrote (70887)	11/3/1999 4:38:00 PM
From: Kenya AA	Read Replies (2) \| Respond to of 97611

George: Re Thompson I-Watch .... all I can say is that I've followed this thread for quite a while and whenever anyone has mentioned that Thompson indicates that there's institutional buying in CPQ, the stock price moves in the opposite direction. Either Thompson is not being interpreted correctly or it's WRONG! The only reason that makes any sense to me as to why CPQ can't get out of it's own way, is the old (but true) story that investors are chasing fewer and fewer stocks. Some sectors aren't even being bought at all, but if they are, only the very best companies (fundamentals) within those sectors need apply. That automatically leaves CPQ out in the cold. MOMOs far outweigh bottom fishers in this Market. IBD A/D rating on CPQ is a miserable D. RS is a crummy 14. K

To: George Elliott who wrote (70887)	11/3/1999 8:39:00 PM
From: Andreas	Read Replies (2) \| Respond to of 97611

George, Price doesn't move much because there isn't any particular news to instill confidence in someone who wants to spend money on this stock. We just don't have a warm and fuzzy feeling about cpq. No articulated turnaround plan, no articulated plan to address erosion to dell, etc. No cfo. No earnings guidance for fourth quarter. Nothing intelligent out of Capellas - what little there is consists of retarded statements like "cpq will remake the world" Between that and his "the pc will be going through major changes in the next year and a half" 'm sure any rational person can't wait to whip out the old checkbook. By the way, two sources that I use for institutional investment show no meaningful increase in institutional holdings of cpq in the last 30 days. There has been a net increase of about 10 million shares. Big deal. Nothing there that will increase the stock price given the huge float. Good luck. P.S. Don't you wonder what the heck is taking so long to fill the bean counter position? After all, CFOs are a dime a dozen.

To: George Elliott who wrote (70887)	11/4/1999 6:33:00 AM
From: QuentR	Read Replies (1) \| Respond to of 97611

George, IWatch reports buying and selling interest only. My experience is that only about 1/4 to 1/8 of the interest is translated into transactions. Selling interest has a higher rate of follow through than buying. From my experience following IWatch, the charts are pretty ho-hum lately. Buying interest is up slightly but so is selling. We are not gaining much from the institutions lately, as other posts have indicated. I think the pickup in volume is good, but until the selling goes down we are getting nowhere. As others have indicated, probably a lot of investos are taking their losses. Some may be getting back in but others are leaving CPQ for good. We can all gripe but those of us who hang in there will be rewarded. If you don't want to wait you may miss the first jump but you can catch it later. The question is - How long are we going to wait? I-Watch is only one tool, maybe with more interest to day traders. I have gotten into a lot of trouble talking about I-Watch on this thread, but I am not sure myself of its value. IBD seems a useless indicator to me. Bascially when a stock is doing well the indicators go up and vice versa. Not much help to the investor, the price tells me that too. I used the indicators three years ago in deciding to buy Compaq over Dell. See how good that advice was...