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


To: John Koligman who wrote (18015)2/25/1998 2:27:00 PM
From: Andreas  Respond to of 97611
 
What I'd like to know is what has changed in the last two weeks? Nothing as far as I can tell other than cpq has dropped from $36 - $37 down to its current price of about $33.75. The merger doesn't explain it because that news preceded the run up to $37.00.

Here's the chronology. It popped from $30 to about $33 - $34 based supposedly on decent 4th quarter earnings. Then, when the dec deal was announced it dropped back to $30.00 because everyone decided that the dec deal was bad for shareholders in the short-term. And there it sat like a wart on Kathie Lee's butt. Then, all of a sudden, supposedly everyone took a smart pill and decided that the cpq-dec deal was a good thing and the stock went to $36 - $37. Then what? I guess the smart pill wore off and cpq began a slow downward movement to the present price of about $33.75.

Makes a lot of sense to me. Which pharamaceutical company makes that smart pill?