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

To: MeDroogies who wrote (72987)	12/1/1999 6:06:00 PM
From: Elwood P. Dowd	Read Replies (1) \| Respond to of 97611

MeDroog.... I remember last year just before CPQ took off like a scalded dog, there was an analyst on CNBC who compared CPQ to a pot of water on a hot stove top. He said that tiny bubbles were just beginning to form on the bottom of the pot which was an indication that the CPQ boiling process had begun. He then said "BUY!" I liked that analogy! CPQ had been a real jerk for about 9 months and has finally straightened up and begun, over the last 30 days, to act like a serious big cap tech stock should act. I see tiny bubbles forming on the bottom of this FAT PIG'S POT and the boiling process is underway, AGAIN! 28 by 12/31! El

To: MeDroogies who wrote (72987)	12/1/1999 6:08:00 PM
From: rupert1	Read Replies (1) \| Respond to of 97611

If you mean this 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: I was not referring to the date, I was referring to the 5th or 6th time that the share price has moved to the top of the trading range since the beginning of the summer. With reference to your point that the last earnings announcement was a positive surprise, I would agree, but with a qualification. It was a positive surprise only because the previous two quarters had produced negative surprises, thereby causing a radical lowering of estimates for the 3Q. Still and all, it was a necessary first step to CPQ becoming another INTC or MSFT by "managing" (or "murdering") expectations.