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


To: PCSS who wrote (94647)1/9/2002 8:49:21 AM
From: MeDroogies  Read Replies (1) | Respond to of 97611
 
I don't think so, at least not for CPQ. But...to its credit, the merger is looking like it will go through (upward pressure), and Wally has been discredited (supports upward pressure).

Technically, however, CPQ is looking tired. If it continues up, it will be driven by the merger and the overall improved outlook for the industry. I've never bought puts, but if CPQ doesn't fall back after 10am, I will consider it.

BTW, what should the proper price in comparison to HWP be?



To: PCSS who wrote (94647)1/9/2002 1:25:00 PM
From: Elwood P. Dowd  Read Replies (1) | Respond to of 97611
 
Wednesday January 9, 1:00 pm Eastern Time
We Like Compaq, Married or Single
By Brett Messing
Special to TheStreet.com

When personal computer stocks work, they really work. Compaq's (NYSE:CPQ - news) recent preannouncement of a good fourth quarter sets the stage for a nice move in the stock.

Moreover, IBM's (NYSE:IBM - news) retreat from the PC business is very good news for both Dell (NasdaqNM:DELL - news) and Compaq. Highly respected Lehman Brothers PC analyst Dan Niles put some fuel on the fire with an upgrade of the stock to a strong buy. ... ( This article continues for RealCommentary subscribers...)

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