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


To: Jason Ellis who wrote (72418)11/20/1999 7:24:00 AM
From: JDN  Respond to of 97611
 
Dear Jason: IMHO CPQ was merely reacting to being severely undervalued for reasons we all know about. Meanwhile the rest of the big cap tech stocks are propelling forward. Appears to me that CPQ was likely the last big cap tech stock left to offer some quick appreciation potential, then to add to that CPQ began pumping out some really nice PR Releases. It all came together this week and you see the results. Personally, I dont think this run is over. Might have some pullback Monday but I doubt it. JDN



To: Jason Ellis who wrote (72418)11/20/1999 8:05:00 AM
From: Elwood P. Dowd  Respond to of 97611
 
Jason... in addition to JDN's very valid reasons for CPQ's rise in his reply to you, go back thru CPQ news over the last 10 days and see the stream of positive press releases that include the Cable & Wireless pact, the Ipaq, the new super computer, and the dividend increase. Also to the stock's benefit was the excellent exposure at Comdex as reported here by rudedog and the Oracle Open World key-note address given by Michael Capellas and its significance as explained on this thread by Paul van Wijk. Just too many good things going on at Compaq for the stock to be ignored. Furthermore, it appears that Wall Street has finally accepted Capellas as a capable leader for the company and has, as a result, turned on the green light. Again, I encourage you to check company news for more goodies that I didn't mention here. Good Luck, El