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


To: Bilow who wrote (11061)12/12/1997 3:13:00 PM
From: Skipper  Read Replies (1) | Respond to of 97611
 
Very good analysis, Bilow. I think you are right on the money with regard to in big-boys and the CPQ sell-off, which is driving the price down in the face of good business news (the asia thing, not-withstanding)
Don't be surprised however when this sort of institutional move ends soon, and the price of CPQ moves back up. Fundamental data is still good, and as steve has pointed out several times, Q4 should be even better. I'm looking at price targets of upper 60's / lower 70's by January options expiration.

Skipper