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


To: Tony Viola who wrote (72976)12/1/1999 3:41:00 PM
From: rupert1  Respond to of 97611
 
Tony: Is a little less than $25 the best buy I'm going to get?

I have already given my opinion on the thread and in PM's that the top of the trading range was $27/28 and that a buy is in $24s and possibly $23s. The only way I can see it going lower is (a) general market correction or (b) another Friday night special, or Sunday evening COMPAQ surprise announcement. However, if the indications coming from COMPAQ are reliable that does not seem likely.

I think the next move up would be the 5th or 6th since the beginning of the summer knocking at the top of the trading range: given the extraordinary heavy volume in the last three weeks, it might be the attempt that breaks through to $29 and even to $32.