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

To: bambs who wrote (90857)	4/23/2001 7:42:01 PM
From: Andreas	Read Replies (1) \| Respond to of 97611

Bambs; Looking at the p/e after extraordinary items is ridiculous. Most reporting services carve out such items which would bring cpq's p/e somewhere in the twenties.

To: bambs who wrote (90857)	4/23/2001 11:37:31 PM
From: Night Writer	Respond to of 97611

bambs, The move down tomorrow will be toooo fast to short and then your left with support in the 15 area. I play both sides, but not on CPQ. Any good news and it grinds back up to 20 or 21. Shorting a Fortune 100 company in the teens is very risky business. Better to play it long at $15. I have better luck with some of the more overvalued stocks. Check out MWD. IMHO it's about ripe for a good down swing. It could drop back to $50 area from the mid 60s and give you more room for sell stops along the way. NW