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

To: Andreas who wrote (77636)	2/7/2000 8:05:00 PM
From: MikeyT	Respond to of 97611

I sold some covered calls (Feb 35's) to lock in some profits. In retro... it was better to sell in 32-33 then to have sold the calls. Oh well.... host.cnbc.com 27 was done on low volume. Mikey

To: Andreas who wrote (77636)	2/7/2000 8:10:00 PM
From: Captain Jack	Respond to of 97611

Andreas--- LOL! Ok-- 26! Not far away from here,,, the truth of the matter is millions of shares traded much lower than here very recently and this is the first dumping point. It will go on until millions raise the base of shareholders from 22 - 25 to 27 - 28,, the the same needs to happen at 30. There are fewer buyers as there is no reason to buy now and possibly go lower,,, a solid reason for it to go higher is required or it still has a lot of cheaper shares to burn. Many of those looking for 30 - 35 have given up as 30 has been unsustainable after multiple attacks,, El remimded me to day it was only about 3 points from my most probable sustained high guess,,, now it looks to be 4 points away. Like a strainer,, it cannot hold anything...