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


To: PCSS who wrote (74317)12/21/1999 5:52:00 PM
From: Robert Marzullo  Respond to of 97611
 
Datek Streamer has high of 28 and it's trading afterhours @27 15/16.

Bob



To: PCSS who wrote (74317)12/21/1999 5:54:00 PM
From: PCSS  Read Replies (2) | Respond to of 97611
 
The ANALYST (can't remember name or co <Crown Royal you know>) on CNBC showed & discussed various 1yr & 6mo CPQ charts and interestingly said:

1) a turnaround is in progress
2) WS/FM like the recent UPturn in volume & price - it's what they want & look for
3) 6mo target between $45-$50

THEN IMMEDIATELY AFTER THIS REPORT:

a) many afterhours trades occurred
b) CPR price ROSE from 27 3/4 to ...... (1) as high as 28 and (2) currently sits @ 27 15/16

CONCLUSION: It's just this type of info that the "after-hours traders" sit by their trading terminals and wait for. They think that THIS is their opportunity to beat tomorrow's opening spurt. In this case they believe CPQ'll go UP in the am.

JMHO

BTW, afterhours still has 40 min to go and anything can happen with the price.

Michael