Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Elwood P. Dowd who wrote (72866)	11/30/1999 3:41:00 PM
From: spy hard	Read Replies (1) \| Respond to of 97611

Usually it gains back in the last half hour. We will see if today will be an exception. I hope not.

To: Elwood P. Dowd who wrote (72866)	11/30/1999 7:30:00 PM
From: Night Writer	Read Replies (4) \| Respond to of 97611

El, I left and did some work around the house. I think the market is going to adjust some. It's too darn high. After that is over, CPQ could start a strong move as money comes back into the market. Mike Dell was just on NBR. He was pumping the new Dell emachine. Man was he ever pumping Dell service. Also said Dell stock was trading at a discount to their growth rate. Advised that 2000 was going to be a great year for Dell. NW

To: Elwood P. Dowd who wrote (72866)	11/30/1999 7:59:00 PM
From: Night Writer	Respond to of 97611

El, This rundown of the days tech action is going to make you feel good about Compaq. My RT was almost solid red all day long even though the DOW and BKX was green. NW Tech Stocks Take A Beating Nov 30, 1999 (Tech Web - CMP via COMTEX) -- 'Tis the season for profit-taking as the stock market, and technology shares in particular, suffered a big drop Tuesday after weeks of bullish charging up the charts. The Dow Jones Industrial Average was up 51 points on the strength of financial companies, but closed down 70.11, or 0.64 percent, at 10877.71. The Nasdaq market suffered a very sharp drop, down 85.16, or 2.49 percent, to 3336.21. The Internet sector, which is where all the momentum has been, suffered the sharpest losses. RealNetworks lost 13 5/8 to 139 1/2, and Yahoo dropped 13 3/8 to 212 3/4. The other losses were in the single digits. America Online lost 6 5/16 to 72 11/16, Amazon.com fell 5 3/8 to 85 1/16, and Lycos fell 3 3/4 to 56. On the networking front, which also has had great momentum, there were several substantial drops. MCI WorldCom dropped 4 7/16 to 82 11/16, AT&T slid 4 3/16 to 55 13/16, and Cisco fell 3 9/16. Also down was Lucent, off 2 13/16 to 73 1/8, 3Com trimmed 1 11/16 to 39 13/16, and Novell lost 1 1/16 to 73 1/8. The chip market didn't escape Tuesday's drop. Intel and rival Advanced Micro Devices each lost 2 1/4, to 76 11/16 and 28 1/4, respectively. LSI Logic fell 1 to 60 7/16, National Semiconductor inched down 3/4 to 42 1/4, and Analog Devices shed 7/16 to 57 1/2. Apple was the sole bright spot in the hardware arena, gaining 3 5/16 to 97 7/8 after Donaldson Lufkin & Jenrette raised its target price to $140 from $95. Apple shot up to almost 7 before settling back to close up 3 5/16 to 97 7/8. On the flip side, Sun Microsystems fell 4 9/16 to 132 1/4, Gateway lost 2 3/4 to 94 3/4, Hewlett-Packard fell 1 1/4 to 94 3/4, IBM dropped 1 1/8 to 103 1/16, Compaq was down 9/16 to 24 7/16, and Micron shed 3/4 to 11. On the software side, Red Hat finally fell back to Earth somewhat, losing 26 5/8 to 210. Oracle continued its slide, dropping 4 3/4 to 67 13/16, Intuit fell 2 11/16 to 50, and Adobe dropped 2 7/8 to 68 11/16. The only company on the up side was Microsoft, gaining 55/64 to 91 3/64. -0- Copyright (C) 1999 CMP Media Inc.