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

To: peacelover who wrote (18540)	2/28/1998 12:34:00 PM
From: Satyr	Read Replies (3) \| Respond to of 97611

Your 30+ was 31 7/8 and as I told you this stock has been having trouble for months. How convenient to blame it on the analysts. Various rumors have been popping up about Compaq and those who count (those with the money to affect the price) have spoken. This is not some stock that does 200,000 shares a day and can be easily manipulated. There are problems out there that we don't know about yet. Compaq is a solid company and will no doubt correct what's wrong and move forward later in the year. Until then stop trying to blame individuals for what is obviously a company problem. BTW I'm long Compaq. Bought it at 32 on the day the analyst downgraded it and have stated that i think we are within a point of the bottom.

To: peacelover who wrote (18540)	2/28/1998 12:49:00 PM
From: John Koligman	Read Replies (2) \| Respond to of 97611

Peacelover - Satyr is correct in one respect. This stock was in the doghouse long before the Smith Barney downgrade. In my opinion, it has not traded in a 'normal' fashion since the day earnings were announced in October. Compaq exceeded estimates that day, announced a split, and CFO Mason has been making positive comments ever since. Yet, the stock promptly dropped 27 points. Compaq's peer companies have recovered nicely and one (that shall remain nameless <gggg>) has soared to a level where it is worth more than Compaq itself. Look at a chart of Compaq, the stock is around 8 points off it's lows of last fall. What would you term this kind of performance from the PC 'market leader' in an environment where the DOW has rallied 1000+ points. John