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

To: Dulane U. Ponder who wrote (18658)	3/1/1998 4:22:00 PM
From: aftab	Read Replies (5) \| Respond to of 97611

Watch for a $3 pop tomorrow. Number of analysts upgrading CPQ tomorrow. Street knows that a lot of shortcovering is being done and holders of CPQ not selling inspite of SSB downgrade. CPQ will have huge cashpile after DEC merger ($1.5B from DEC ) This money will be used to buyback stock in the 3rd Q,1998. I cannot think of a better positioned computer maker than CPQ in the short or long term. No one is mentioning what DEC will cost to CPQ. A recent article in Barrons estimated it to be around $3.2B based on the cash and Tax writeoffs coming from DEC. I beleive this stock will be in the $50's by June if not earlier. I've seen this downgrade manipulation few weeks ago in JABIL CIRCUITS when the stock crashed to $33. now just 3 weeks later it is trading in the high $50's. Any comments ???