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

To: Hawk who wrote (14967)1/26/1998 1:43:00 PM
From: StockMan  Respond to of 97611
 
Re -- to much stock for sale.

Yup, with all those splits and the dilution of shares on DEC seems like the market is awash in cpq shares.

Stockman



To: Hawk who wrote (14967)1/26/1998 1:45:00 PM
From: Skipper  Read Replies (1) | Respond to of 97611
 
That's right. Market generally overreacts to CPQ news, good and bad. I think the DEC deal makes a lot of sense in the long term, but also adds a speculative nature to the stock pricing in the near-term. In playing options, volatility is good.

BTW, I also think that alot of Fund managers who bailed late '97 will see this drop as a great entry point to get in on a potentially good long term buy.

Good luck - Skipper


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