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

To: John Koligman who wrote (91411)	5/30/2001 2:23:49 PM
From: MeDroogies	Respond to of 97611

Lucky call, as most are. I still think that CPQ has room to go down in the current environment. Still, if you're looking for a quick 10-20%, getting in now and holding for 2/3 weeks is a pretty good way to do it. My guess is CPQ will stabilize/fall for the remainder of the week, and start to climb again next week to hit 17.5. 17.5 seems to be "the" number right now. I can't see it going below 15.25 (at least not too far) because of the cash situation. It wouldn't make any sense whatsoever. When it hit 14, I should have jumped in, but I was a deer in the headlights at that point. Nothing was making sense.....just as it didn't when Amazon and Yahoo were at their highs..... Things are moving back to a normalized situation. I am honing some of my technical skills because the technical guys are the ones making money in this market.