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


To: Captain Jack who wrote (80191)3/24/2000 4:42:00 PM
From: MeDroogies  Read Replies (1) | Respond to of 97611
 
I didn't say they'd run back...just that they'd return. And they will. Contempt is something people have as long as they are feeling left out. As more and more analysts realize that CPQ is a good company (and they are), that contempt will become cautious optimism.
Again, this is exactly what AAPL went through.
I'd point out again that, assuming we hit our low (and I think we have based on the heavy volume again today), that our lows are getting higher.

Somebody pointed out that we'd been in an ascending triangle and that good news would cause a nice breakout. Well, instead investors got skittish. That happens, too. From here, we climb to 32 again, probably in much shorter order than last time, and try to finally break through. 3rd time's a charm!