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


To: Elwood P. Dowd who wrote (87349)12/1/2000 4:49:44 PM
From: tonyt  Read Replies (1) | Respond to of 97611
 
Analyst: Compaq Putting Its Money Where Its Mouth Is
Friday December 1, 4:25 pm Eastern Time
biz.yahoo.com
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To: Elwood P. Dowd who wrote (87349)12/4/2000 9:06:48 AM
From: profile_14  Respond to of 97611
 
El, if you had said this the day before I would have LMAO, but it just goes to show you how fickle the markets are -- no one wanted to get left behind with a repurchase in place. In fact, I believe the news leaked the day earlier as we saw a sustained run up that took the stock above the opening price and to a close near the previous day's close (within a half a point). Who would have guessed. Now that they have a threat of having someone support the stock openly, maybe they will take their games to a higher level in the 30s or 40s, I hope, and use the news that everyone always knew about to justify the move based on undervaluation.