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


To: CGarcia who wrote (30517)8/6/1998 6:07:00 PM
From: Jason Hall  Respond to of 97611
 
<quote>
I dunno, after a pullback from a high of $36 and the upgrade of GS after the bell,
do you REALLY see us going back down at this point?</quote>

I wasn't expecting the upgrade, but I guess I should have seen it coming with compaq's strength today. Isn't that how it is done? Upgrade the stock when it's obvious to everyone that it is doing well. Then downgrade it after you've dumped it. I didn't hear any upgrades in the morning, when the stock was bouncing up and down. Ridiculous. Anyway, I still expect the stock to retreat a bit. I hope it retreats a bit...more :)

-j