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

To: Elmer Rauckman who wrote (20592)	3/8/1998 12:45:00 AM
From: kahunabear	Read Replies (1) \| Respond to of 97611

I don't know about Monday, but I can see it going into the mid teens, say 17, in the next few weeks. Heck, it sold for that last year when sales and earnings were on an uptrend. Maybe that's too high. We are talking a 2.5 billion quarter to quarter sales drop, if I understand their press release. When you factor that in with the DEC aquisition, which seems like a negative at this point, and what looks like a defeat to the DELL model, this seems like dead money for a long time. If I owned it, I would bail and consider myself lucky in the 20s. WS