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


To: Jason Hall who wrote (30103)7/30/1998 11:15:00 AM
From: PCSS  Read Replies (2) | Respond to of 97611
 
Jason,

CPQ has already recently made its way to 34 and retrenched to 31ish, therefore I believe the base has been set for its deserved and appreciated uptrend towards 40. Most analysts have been saying that CPQ is a stock ready to roll up. I would also not be surprised to hear from ML's Lucy about now - this is her big chance to be one of the first (since CPQ's 24-25 arena) of the non-ititial upgraders.

It's also about time and price that shorts got to be thinking of covering !!

Today, CPQ is still FLYING with 90 min gone we are already at:

32 13/16 on 9.2 mil

As well, yesterday CPQ traded about .5-.7 mil per hour except for tthe final hour where volume was higher. Currently CPQ is running at about 5+ mil per hour which is GREAT....although I expect this to slow some as this day progresses. NOW, 10K, 20K, 30K+ blocks still being BOUGHT.

Michael