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


To: Iceberg who wrote (20310)3/7/1998 1:16:00 PM
From: James R. Barrett  Read Replies (1) | Respond to of 97611
 
You forgot to mention that the guy who whispers "fire" has already left his seat and is standing in front of the exit door.

Jim



To: Iceberg who wrote (20310)3/7/1998 1:21:00 PM
From: Elwood P. Dowd  Read Replies (3) | Respond to of 97611
 
CPQ gradually released negative news, thus preventing a wild sell-off. Friday's after close warning allows the weekend for cooler heads to prevail. I think it was an excellent strategy. Stephen



To: Iceberg who wrote (20310)3/7/1998 1:27:00 PM
From: gbh  Read Replies (1) | Respond to of 97611
 
Iceberg, this is one view. However, announcing after market somewhat levels the playing field for the individual investor too. The individual who doesn't monitor the market every minute can get the news, think about buying or selling, then make the decision the next day. In fact even large institutional holders must do this too, So the next morning, everyone is in the same boat. Of course the inevitable gap down, reflects the new true value of the stock, so even though it feels painful, even if you by some lucky chance got the warning during market hours realtime, the wave of selling that would occur would like drive the price down so far so fast that you couldn't sell anyway. I think many more stockholders (large and small) end up holding, instead of selling when they have a chance to digest the news.



To: Iceberg who wrote (20310)3/7/1998 1:28:00 PM
From: John Koligman  Read Replies (1) | Respond to of 97611
 
Iceberg - What difference would it really make? If the announcement were made during trading hours, the stock would be 'halted pending an announcement'. Once the announcement was made, it would simply open with a gap on the downside, so the little guy could not get out anyway....

John