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

To: S.C. Barnard who wrote (23071)3/23/1998 8:32:00 AM
From: Elwood P. Dowd  Respond to of 97611
 
biz.yahoo.com



To: S.C. Barnard who wrote (23071)3/23/1998 9:34:00 AM
From: James F. Hopkins  Read Replies (2) | Respond to of 97611
 
Scba; CPQ closed at 23-1/2 in Frantfurt this morning light volume
seems they are lookin for direction from here but no panic.
CPQ has been know to "at times" rise when the rest of the market corrected, lot depends on asset alocation funds use, oil should
get a big kick today...but man I see that as a trap.
Jim



To: S.C. Barnard who wrote (23071)3/23/1998 4:43:00 PM
From: Mike Gordon  Respond to of 97611
 
<Thread: Would it be unusual to see CPQ holding relatively steady pricewise during a 2-4% correction?>

I think this is a very real possibility due to the oversold condition. I think a correction is due, not today's, with a risk factor for Compaq no lower than 20. Today's performance establishes a floor of 23.

Mike


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