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


To: Night Writer who wrote (26008)5/11/1998 12:34:00 AM
From: Eddie Kim  Read Replies (1) | Respond to of 97611
 
Let me clarify:

Technically the market is looking very bullish if it doesn't break the bottom that we made several days back. I forget the TA name. However, in terms of an individual stock, CPQ, who knows?? It seems that all these upgrades and DEC merger news has drawn people who were on the "sidelines" into CPQ. What new news will draw in more investors so that this upward trend will continue?

Finally, in a recovery mode, it's usually in the beginning where the greatest gains/rise occur. Meaning: I don't expect CPQ to made another QUICK 30% move upwards unless more positive news, announcements, etc... occur.