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

To: ed who wrote (22665)	3/20/1998 5:09:00 AM
From: BoNg-N-BoNg	Read Replies (1) \| Respond to of 97611

Ed: I like your imaginations about Asia...the only problem is you are taking so much bandwidth and going out of subject...you could be right but the lingering effect are still there.. To put it in short perspective, Asia was admitted to the hospital w/ a "killer virus" early last year.. Asia is past emergency room and just transfer to recovery room late last year. Still in intensive care unit as of now...Asia will be transfer to general ward this summer.. It will take till the end of the year atleast before TOTAL recovery.... btw, CPQ (coincidence w/ Asia?) is still going down..very much overvalue for a bearish mood.... my earlier assessment of major support around $19 1/2++ could be broken since the latest ANALyst consensus is around .88 cents for FY98...Oh yeah, spring blossom??? I guess NOT with CPQ.... "summer break" is more appropriate for CPQ recovery... your view is based on long term...to be a savy investors, you have to use both fundamentals and technical analysis...Now is not the time to be value investors (even value investor uses TA)..there's more downside risk than upside reward SHORT TERM.. CPQ is only good for short term/daytrader... unless you are willing to dollar cost avg. going down before it recovers... just my imagination.... foOLish eL... {S p}