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

To: Jimbo Cobb who wrote (10924)	12/11/1997 5:28:00 PM
From: Elwood P. Dowd	Read Replies (2) \| Respond to of 97611

Mark...looks like new resistance is 58. Is there any support between 56 and 42??? S.

To: Jimbo Cobb who wrote (10924)	12/11/1997 5:31:00 PM
From: Tom Gebing	Read Replies (1) \| Respond to of 97611

Mark, the 56 is a 200 share trade. The previous trades were at 56 1/2 to 5/8 and 1000 shares each. As per quote.com

To: Jimbo Cobb who wrote (10924)	12/11/1997 5:31:00 PM
From: Bazmataz	Read Replies (2) \| Respond to of 97611

$42 would be almost a FIFTY PERCENT DROP from its highs. Is this really how low it can go? For a potential $50b company, it's so tempting to want to buy more - to pare losses and potentially to grab a bargain. BUT... I guess that's why "they" say that buying at times like these are incredibly difficult. My cash looks so good and stable right now. I'll take my 6% over this daily torture any day! BTW, Bob Pisani is on CNBC is talking about the continued negativity amongst traders. Stating the negative FedEX report could just be the cause of more trouble tomorrow. Also, I've noticed fewer people talking about BUYING more CPQ at these levels. Is anyone on this thread buying here? As a final note, what worries me more is the dramatically increasing use of words like "faith" and "hope" on this thread. That's all. BC