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

To: Elwood P. Dowd who wrote (79345)	3/10/2000 3:23:00 PM
From: Night Writer	Read Replies (1) \| Respond to of 97611

(DOW JONES) DJN: DJ Compaq Computer (CPQ) Block: 400,000 Shares At 29 1/ DJN: DJ Compaq Computer (CPQ) Block: 400,000 Shares At 29 1/2 COMPAQ COMPUTER CORP. Last trade NYSE: +1 1/2 at 29 1/2 on 1/16 uptick Trade vol: 400,000 = 1.2% ttl vol Ttl blk vol: 25,984,500 = 76.9% ttl vol Avg blk vol: 14,557,206 = 67.0% avg daily vol Ttl vol: 33,807,700 = 155.6% avg daily vol Avg daily vol:21,721,366 / Prev day +1 9/16 on 20,812,500 (END) DOW JONES NEWS 03-10-00 01:06 PM * end of story *

To: Elwood P. Dowd who wrote (79345)	3/10/2000 3:28:00 PM
From: Andreas	Read Replies (3) \| Respond to of 97611

The moment it hit 30 - The sell programs kicked in and day traders and momentum guys started dumping. The only way we are ever going to beat the 30 resistance (and it is major, major, resistance) is to spend a considerable amount of time consolidating in the high twenties. Unfortunately, as long as this porker continues to drop to around 25 after a run-up there will be plenty of people with lots of profit at 30 willing to dump. We have got to get to a point where the average cost is higher than it is now. To hazard a guess I would not be surprised to hear that the average price paid by a cpq shareholder at this point is around mid twenties. With such a low average purchase price we will be burdened with major resistance at 30+.