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


To: profile_14 who wrote (87238)11/30/2000 10:52:35 AM
From: Elwood P. Dowd  Read Replies (2) | Respond to of 97611
 
pro.... we are in the midst of the most dramatic bear market in history. According to CNN this Nas loss was steeper, deeper, and faster than even the 1972-73 bear market. I'm afraid that anything CPQ says now will be set aside til the 3rd week in January when they turn in their earnings report. I look for the stock to stay at or about this level til then unless the entire market rebounds. In short, there is no way that CPQ can fight this market. might as well get comfortable at this level and be prepared to wait it out for about 60 days.
Have you seen niles' reasons for downgrading CPQ? El