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


To: Kenneth R Miller who wrote (10561)12/9/1997 7:40:00 AM
From: Bilow  Read Replies (2) | Respond to of 97611
 
Regarding: I think someone big is selling CPQ ... cause
everytime it goes up a little some big sells come across the tape....


Correct.

-- Carl



To: Kenneth R Miller who wrote (10561)12/9/1997 11:47:00 AM
From: ed  Read Replies (2) | Respond to of 97611
 
From reading the tape, yes , someone is manipulating the stock of CPQ. For some reasons , someone does not want the stock to move up. If you read the records, you will see that most
of the time the stock went up in the whole sesion and at the last 30 minutes before the
close, the stock price was knocked down to the negative side with just less than 50k shares. So
this stock is manipulated !!!!!!!!!!!!!!



To: Kenneth R Miller who wrote (10561)12/9/1997 6:43:00 PM
From: Jorge  Read Replies (1) | Respond to of 97611
 
Kenneth, If you are wanting to buy more at a better price I would suggest waiting until later this week, possibly by Friday we could see low 60's, upper 50's again....... Yesterday I said I was looking for 10 million volume today with a downslide in price....9 1/2 million was close and down 2 1/8. To me this signals 2-5 more days downside slippage. Since I always defer to the fundamentals when entering/exiting a trade I am not just guessing (well sort of as always is the case) when I say 2-5 more downside days. I think the market is in a consolidation phase at this point---a small downside still for CPQ--then on up to the next level of around $67ish as fears give way to optimism...........George