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


To: PCSS who wrote (74988)1/4/2000 11:05:00 AM
From: PCSS  Read Replies (1) | Respond to of 97611
 
FWIW,

I watch the bid change action ... when ther are large down-tick sells and the bid does NOT go lower than I believe there are buyers just sucking UP those sells.

As well, when there are large UP-tick buys and the bid price rises before the large buy then the price will generally go higher.

Just my thoughts

Michael



To: PCSS who wrote (74988)1/4/2000 11:15:00 AM
From: Night Writer  Read Replies (1) | Respond to of 97611
 
Michael,
Talked to my broker. He says some one was bad mouthing the Asian recovery this morning and bond rates have gone higher. I hope we aren't going to have a another case of the Asian Flu. Somehow, it doesn't feel right to me. It might just be an excuse for the market to do some correcting. IMHO I think CPQ would do very well after a correction. Some money taken out of the high flyers would flow back into CPQ because it's current value doesn't reflect it's potential.
NW