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


To: grogger who wrote (20423)3/7/1998 6:13:00 PM
From: Tony Wang  Read Replies (1) | Respond to of 97611
 
That is a reasonable scenario. Although I still think the current
price range discounts the bad news that we have received on Fri.
Notice the weakness in CPQ last week when NASDAQ continue to make
new highs. It sat there sideways between 34-35, having traded at
36 5/8. At 25, it would be down 33% (in 2 weeks or so). Quotes of
$17 1/2 on this thread are from people that probably don't trade
the issue. For those who think there will be a $17-19 print Mon.
they should sell the opening trade and get max short. Buy April
$25 puts. They should make a lot of money.