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

To: Howard Feinstein who wrote (22942)	3/22/1998 10:13:00 AM
From: Tech Master	Respond to of 97611

Howie- My strategy is simple.... don't try and guess the bottom.... make the bottom by just taking out stock... the bottom is here.... or very close... And then.... Let the games begin.... Tech Master P.S. Attention shorts- You have been warned....

To: Howard Feinstein who wrote (22942)	3/22/1998 2:05:00 PM
From: ed	Read Replies (2) \| Respond to of 97611

I think at this price level a lot of investors have the same thinking as you did, they all want to buy now, and those new money comming to CPQ will not sell at the price lower than where they buy, say, if you bought 100 shares at CPQ, you will not sell at $18 at a loss. This means it will be harder and harder fo short to buy back shares to cover their sort positions. And those did not sell at $25 will not sell at $23 o even $17, they just do not sell at all. So , the question now is if nobody wants to sell , where will the short get the shares to cover ? The only way they can release themselves is to pop up the stock price and so that the short term long players will sell their shares at a $4 to $5 profit.