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

To: al who wrote (24047)	4/7/1998 8:12:00 PM
From: Challo Jeregy	Respond to of 97611

Al and all, IMHO, tomorrow will not be CPQ's day, nor the next, because we are seeing a mini correction and trading range for the next few weeks. However, if you're not holding cpq in margin acct, I believe we will all see the light at the end of the tunnel for this company. The dynamics of this entire sector are changing and cpq will still be in the game when those changes are evident. In fact, again MHO, cpq will be in the forefront. Yes, we'll see some more downside. But all of the negatives are already priced in. Those that get scared when earnings come out are the ones who have not been paying attention. As someone posted earlier, cpq will not file bankrupcy, and will not just be a box maker. I think EP, knowing he had Asia as an excuse (among other things) took the opportunity now to clear out old inventory and turn the company into a much bigger, better player. It hurts now, but I think it will pay off in the long run. Challo