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

To: PCSS who wrote (87172)	11/29/2000 3:52:58 PM
From: MeDroogies	Respond to of 97611

I think this is the floor for CPQ. Seems like this is where it bottomed on its last trip downward. I agree that it's frustrating, but timing is everything in life, and had CPQ turned things around in 6 months, we'd likely have had a much higher price by now, through dint of better market conditions. A good turnaround story in a tough market doesn't make people go ga-ga, unfortunately. Things are fine, overall. I'm not concerned that there is further weakness. I'm more concerned that the market isn't showing more vitality in general, considering all the cash that's out there. I suppose when 6 month rates are 6% or higher, 30 year rates are below that (as in the current situation), and the market is generally down/flat....it's better to be in cash. The key is knowing when an inverted curve like that is going to snap back.