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

To: Bill Fischofer who wrote (11267)	12/15/1997 10:58:00 AM
From: Jurgen	Read Replies (1) \| Respond to of 97611

Good morning, Bill Volatilty is when it goes up and down, recently CPQ goes more or less straight down - i hope you're right (though hope is a bad advisor) Anyway, here today's recommendation from DTO (daytraders online): ** CPQ - Here's a case where (see chart) you can buy the stock and limit your downside risk to some degree.ÿ Our thinking is that should the stock break $55 a share, then it would be very negative and will see further down side.ÿ This being the case, we can take up a position at current levels of $56 to $57 and maintain a tight stop at $54 - price target would be $62 to $65 over the next few weeks should we see a little relief in the tech sector and/or investors move money into some of the larger tech stocks (such as CPQ, DELL, INTC, MSFT, etc).