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To: jmac who wrote (6371)	2/27/1998 1:51:00 AM
From: Chris	Read Replies (1) \| Respond to of 42787

jmac, CPQ is VERY close to giving me a weekly sell signal.. i would be very careful.. cpq's daily chart is on SELL and looks awful. only have time to do one post.. will reply to others tomorrow

To: jmac who wrote (6371)	2/27/1998 3:06:00 AM
From: raymond marcotte	Respond to of 42787

jmac, someday i will have to take my profits in dell, msft, and intc. meanwhile i gleefully watch their oscillations and delight in the steady high rate of return. a p/e for intc is not extravagant. they have a very high r&d budget and you can be sure that they will sustain their lead on their competitors. if the ibm-amd rumor is true, then i believe ibm's interest is solely to buy the amd technology cheaply so its margins in the "under $1,000" market are ensured. i don't percieve any real threat to intel there. both cpq and ibm would love to break intel's stranglehold on the the 586 market. but there always will be lots of room for innovations that intel will come up with. cpq is not a stock i plan on buying anytime soon. they just may have over reached on this one. only time will tell. i have owned cpq for long periods of time and chickened out when the brothers quit. perhaps that was too soon, but it made me more comfortable and that is very important. good luck

To: jmac who wrote (6371)	2/27/1998 6:51:00 PM
From: Chris	Read Replies (1) \| Respond to of 42787

jmac i dont want to jump the gun and say we have weekly sell crossover for CPQ.. but it's close. i would give it one more week until i declare a weekly sell.. reason: 2 of my 4 components is on sell signal.. i would wait for more confirming signal before i declare it.. but overall, it's looking weak. looking on the daily chart, 50 sma must hold.. if that is violated, i would bail.