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

To: Captain Jack who wrote (71474)	11/10/1999 5:50:00 PM
From: Jimbo Cobb	Respond to of 97611

Cap'n...I think the new computer should have been called the I'PIG instead of the I'PAQ.... jajajajajajajaja Jimbo.

To: Captain Jack who wrote (71474)	11/10/1999 6:00:00 PM
From: samoyed	Respond to of 97611

Compaq (CPQ:NYSE) today finally fed some hope to long-disappointed bettors on the stock and bounced on news of an affordable Web-accessible computer. Volatility Index Today % Change 22.66 -0.41 Source: ILX Tech plays populated the most-actives lists on the four options exchanges today, and the way options were trading, investors seemed to be gunning for Compaq to perform an Apple (AAPL:Nasdaq)-like resurrection. Put/Call Ratio Today (Noon) Previous Close 0.36 0.38 Source: ILX Compaq logged an 11,000-contract trade in the November 22 1/2 call options, with one buy-side order spread by 1,000 lots among the crowd on the Pacific Exchange. The average price was roughly 3/4 ($75) per contract. By midday, the contract was up 7/16 ($43.75) to 11/16 ($68.75). Compaq held an investor meeting Wednesday in New York, which was attended by executives from CMGI (CMGI:Nasdaq) and Microsoft (MSFT:Nasdaq). Their presence could mean that Compaq may be rolling out an Internet strategy that includes Microsoft's content on a new line of commercial desktops. "You have to understand as Apple moves up and people take assets off the table, the market believes that perhaps now they move it into Compaq," said Paul Foster with 1010WallStreet.com in Chicago. Added Rod Jamieson, options strategist with Everen Securities, "People are finally thinking the worst is over for Compaq. We've had guys playing the November 20 and 22 calls for a while now, looking for a bounce. The stock's been dead meat for months and it's finally shaping up." Why today's buyer is playing the November expiration amounts to a powder-pure speculation play, Jamieson added. "They're hoping for a quick buck." Compaq (CPQ:NYSE) today finally fed some hope to long-disappointed bettors on the stock and bounced on news of an affordable Web-accessible computer. Volatility Index Today % Change 22.66 -0.41 Source: ILX Tech plays populated the most-actives lists on the four options exchanges today, and the way options were trading, investors seemed to be gunning for Compaq to perform an Apple (AAPL:Nasdaq)-like resurrection. Put/Call Ratio Today (Noon) Previous Close 0.36 0.38 Source: ILX Compaq logged an 11,000-contract trade in the November 22 1/2 call options, with one buy-side order spread by 1,000 lots among the crowd on the Pacific Exchange. The average price was roughly 3/4 ($75) per contract. By midday, the contract was up 7/16 ($43.75) to 11/16 ($68.75). Compaq held an investor meeting Wednesday in New York, which was attended by executives from CMGI (CMGI:Nasdaq) and Microsoft (MSFT:Nasdaq). Their presence could mean that Compaq may be rolling out an Internet strategy that includes Microsoft's content on a new line of commercial desktops. "You have to understand as Apple moves up and people take assets off the table, the market believes that perhaps now they move it into Compaq," said Paul Foster with 1010WallStreet.com in Chicago. Added Rod Jamieson, options strategist with Everen Securities, "People are finally thinking the worst is over for Compaq. We've had guys playing the November 20 and 22 calls for a while now, looking for a bounce. The stock's been dead meat for months and it's finally shaping up." Why today's buyer is playing the November expiration amounts to a powder-pure speculation play, Jamieson added. "They're hoping for a quick buck." From thestreet.com by Erin Arvedlund