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

To: KELLIS who wrote (22209)3/17/1998 11:31:00 AM
From: van wang  Read Replies (2) | Respond to of 97611
 
this is the way I see it....

25-30 disbelief in problems

20 25 belief

15-20 fear

cannot believe people are thinking about buying CPQ now..at 24 it still trades at 27X forward earnings...its best to wait for Nasdaq to correct by 5-10% before thinking of buying...it is just prudent

this selling is heavy...good luck...I am not close to taking my shorts out



To: KELLIS who wrote (22209)3/17/1998 11:36:00 AM
From: tbear  Read Replies (1) | Respond to of 97611
 
Who is DEC???????????
I own CPQ and DELL.



To: KELLIS who wrote (22209)3/17/1998 11:48:00 AM
From: Andreas  Read Replies (2) | Respond to of 97611
 
No. Nasdaq is down and so are most of the computer companies. When market goes up cpq will stay flat. When market goes down cpq will go down. This will be the state of affairs for at least one year at which time cpq will be down in the teens, unless EP pulls a rabbit out of his hat and is able to convince wall street that he didn't in fact turn into the neanderthal that many believe he has become.


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