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


To: Luc Glinas who wrote (29048)7/14/1998 10:52:00 PM
From: Dr. David Gleitman  Read Replies (1) | Respond to of 97611
 
Does anyone have an opinion regarding the linear pattern of decline over the last 90 minutes of trade, where cpq slid back over 1/2 a point. Although there was no significant increase in volume per unit time, does this represent nothing more then some cautious investors taking the money and run???

Your thoughts are appreciated.

Best of luck to all for a return to profitability, which in my case won't be reached until 36.5.

David



To: Luc Glinas who wrote (29048)7/15/1998 1:44:00 AM
From: ed  Respond to of 97611
 
What if this quarter's earning is 0 , next quarter's earning is $.60, and the quarter after next is
$0.67 ? The street will not wait till the next quarter's earning got released to buy up the stock, it will reflect 6 months ahead of time. So, the recent activity is the expectation that the worst of CPQ is over, and it will get better and better. So the big institution is starting accumulate at this point. Looking at the big volume, it is not small investors on the street who are buying. The total trading worth of CPQ of today is about 1.25 billion dollars.