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


To: rupert1 who wrote (78542)2/20/2000 9:29:00 AM
From: Captain Jack  Read Replies (1) | Respond to of 97611
 
Vic-- <<"Meanwhile Tyco has recovered to $43 (it is $37 1/2 after the Friday correction).">> and my broker suggested buying it yesterday at this level. Now you have me thinking too about it.

<<"I don't think CPQ should correct beyond $23.">> Agreed but 22 range is very possible. <<"

Actually, I don't think $25 is justified - it ought to be higher.">> Yes it should be higher but WS has priced it here and that will not change unless cpq has the numbers to prove different. They sure are not saying anything to give any different indication.

>>" But this should not worry long term holders.">> The action of the last year should indicate there are fewer longterm holders and it is a concern to every holder.

<<"I think COMPAQ would be a short-term trading buy at any price below $25.">> It would have to go much lower than that to interest me... there are better investments and trades at this time... JMO of course! ;-]