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

To: Andreas who wrote (23074)	3/23/1998 9:28:00 AM
From: MarkM	Respond to of 97611

08:57 [CPQ] COMPAQ RELEASES 'AFFORDABLE' 15-INCH MONITOR TO REPLACE V50 MONITOR From CBS Headlines.

To: Andreas who wrote (23074)	3/23/1998 4:53:00 PM
From: Mike Gordon	Read Replies (2) \| Respond to of 97611

< but do you have any particular reason why you believe cpq might turn now rather than in 6 - 9 months?> Turn around reasons seen this week end in the media and SI. 1. Talk of merger with Intel. Pure bull, yet said on SI and the press. 2. Potential of some earnings reported for this quarter. Based on comments on SI and basic analysis of 250,000 subject to a write-off of $500mil. 3. CPQ's oversold condition. 4. Rumors on this thread that Berkshire Hathaway was interested in CPQ. No substance to these rumors. 5. Potential for favorable announcements at share holders meeting. Pfiffer is a proud man and will do what ever possible to maintain creditability. 6. Major blocks continued to be bought lending support to the 23 level. Nothing above has anything to do with true TA. However, these are the seeds for market movement. Mike