SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?


To: Kaiser1 who wrote (28545)7/6/1998 4:53:00 PM
From: Merlo  Respond to of 97611
 
The shorts are wasting their time with CPQ..Why today 7/6/98 Yahoo almost went up as much as CPQ's stock price and CPQ has a better search engine and portal than Yhoo in Alta Vista.



To: Kaiser1 who wrote (28545)7/6/1998 5:03:00 PM
From: rudedog  Respond to of 97611
 
I don't know the answer to why the short interest did not decline. I do know that if the stock breaks out it should pick up momentum as those short positions are covered...



To: Kaiser1 who wrote (28545)7/6/1998 5:37:00 PM
From: jim kelley  Read Replies (1) | Respond to of 97611
 
Kaiser,

IMO, CPQ stock price is likely to be trading in a range for 6 months until CPQ can demonstrate that it can recover profitability. If it fails to do this in 6 month there is a good chance it could be trading at 14 instead of 25-30.

The short interest may represent short term and long term bets against the company. The short term bets have to do with the earnings to be reported in the next two weeks. These earning are likely to be less than 0. If they are very bad then the stock could take another hit. The longer term short positions may consist of people betting that CPQ can not make the necessary adjustments in its operating model to compete effectively.

On thing is reasonably certain and that is that CPQ will not be 28-29 per share a year from now. There is a way to make money on this type of hedge as well.

Good luck....



To: Kaiser1 who wrote (28545)7/6/1998 8:35:00 PM
From: isdsms  Read Replies (1) | Respond to of 97611
 
Re: jim kelly

Kelly is a long term Cpq bear and a raving dellhead. Advice from him concerning Cpq must be taken w/ a grain of salt.

Regards,

Ira