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


To: Kenneth R Miller who wrote (12793)1/5/1998 10:18:00 PM
From: Jorge  Read Replies (2) | Respond to of 97611
 
Ken.....It was the basing action made in the low 50's over a period of several weeks, followed by rising price and rising volume, overlaid with the same picture on the major Indexes.....There are the fundamental factors involved also......It all came together in the last few days...........The only thing you might want to consider before buying any more is to consider that after a steep rise in a stock price over several days a stock will tend to pull back about 8 % before resuming its upward course......That should be strictly your call however, and at these prices you probably can't go wrong either way.........George