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

To: Kenneth R Miller who wrote (12768)	1/5/1998 5:07:00 PM
From: Skipper	Read Replies (2) \| Respond to of 97611

The next week or so of CPQ trading is going to be interesting, IMO. On one hand, the whole asian situation is still unsettled, and with Wall St. on a 4 day bull run, look for investors to take a little profit to make up for the Q4 beating they've taken recently. This unrelated event could pull CPQ back to the 57 / 58 area. On the other hand, the Fund Managers' CPQ sell off that generated the year end bloodbath is now thru. CPQ is a great buy at 60, and traditionally good news is on the horizon (split). Most analysts have CPQ beating estimates, too. Personally, I'm still bullish on CPQ in the near-term, but I think we may see one more pull back before we hit the 70's. Skipper