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


To: Elwood P. Dowd who wrote (30698)8/8/1998 6:25:00 PM
From: CGarcia  Read Replies (1) | Respond to of 97611
 
Cool! So maybe a low in the $50s by years end isn't out of the question.



To: Elwood P. Dowd who wrote (30698)8/8/1998 9:07:00 PM
From: MarkM  Read Replies (2) | Respond to of 97611
 
Prediction: CPQ to $39.5 by earnings in Oct. Major correction (or minor crash, whichever you prefer) brings DOW to 7400 in later Oct or early Nov. CPQ pulls back hard to $31.5. Then merrily recovers in the January effect up to $46ish, still with plenty more gusto to come in the spring.

So everyone knows where I stand, I am long 400 shares CPQ, (2/3 of my portfolio, which is 95% stock and 5% cash). Have held 400 shares for past 9 months. CPQ has done well for me so far and looks VERY good for the future!

PS: I predicted in previous posts that CPQ would be $34.5+ by July earnings, and was bang on!

Feedback?



To: Elwood P. Dowd who wrote (30698)8/8/1998 11:52:00 PM
From: Satish C. Shah  Read Replies (2) | Respond to of 97611
 
Hello EPD:

>>According to Maria B., the analyst at GS who upgraded CPQ said that "CPQ should be trading in the 50s." That was exactly how she said it, which would mean to me that it should be trading in the 50s NOW. El <<

I think I heard her too and my impression was "....12 month target of 50s".

Regards,
Satish