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

To: Jorge who wrote (10539)	12/9/1997 1:21:00 AM
From: ed	Respond to of 97611

A double bottom with handle forming of the cup--------> Very bullish. A buy signal if the stock hit $67 and hold. Personally I think it is the inventory and price cutting issue which hold the stock. The problems is with the big season of Christmas sales, if you do not build up the inventory in advance, you will have nothing to deliver to the customers. The price cutting policy is decided according to the cost savings of components and the implementation of BTO program, that is nothing new. Just like the price of CPU is cut as a result of new process technology and better yield!!! To me , all those are nothing new, who is now working in the industry !!!!!