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

To: MeDroogies who wrote (94997)	1/30/2002 12:02:45 PM
From: Night Writer	Read Replies (3) \| Respond to of 97611

MeDroogies, I'm not and Elliott Wave Theory person, but I do know it was designed for stock market averages and not individual stocks. I do know the Elliott Wave people are looking for a fifth and final wave down at this point. I hope it doesn't happen, but anything is possible. I also use FA and that doesn't look good at this point. The projected PEs for 2002 and 2003 are too high at this point. So the Elliott people may get their wish unless the earnings projections improve. NW