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

To: Jorge who wrote (12369)	12/30/1997 10:02:00 PM
From: Howard Feinstein	Respond to of 97611

To All, I wouldn't get too concerned over the wild, year end volatilty in the market. MM's are balancing and readjusting their portfolios for end of year numbers, and the trading is reflecting those adjustments. CPQ has the same fundamentals it had when it was trading at $79. It may dip a little here but in 2-3 months it will be okay. In fact, in January you will see CPQ on the "reccommended buy list" of at least one top brokerage firm, for whatever that's worth. The whole tech sector is still out of favor, and will not roll until earnings come in okay, and we see the institutions start to buy, which probably won't happen until 2nd quarter of 1998. Only one man's opinion! Howie

To: Jorge who wrote (12369)	12/30/1997 10:19:00 PM
From: Kenneth R Miller	Read Replies (2) \| Respond to of 97611

Jorge, I was just visiting MW and noticed that CPQ short sellers only have 1.62 days worth of shorts... It sure will be interesting to see what happens after Jan 1st when we don't have tax selling excuses... I for one can see the stock holding at 3 pm instead of the late afternoon selling thats been happening! Happy New Year.... Ken