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


To: Kevin A. Lynch who wrote (30753)8/10/1998 11:14:00 PM
From: SecularBull  Read Replies (2) | Respond to of 97611
 
Kevin, I think it's safe to assume that August 30 calls on Compaq will be called. Goldman Sachs' upgrade of Compaq, as it seems painfully obvious to me, was a ploy to drive the price up so they could dump the calls at a high premium, get called out of the stock at 30, and pocket the premium. That should also tell us what Goldman really thinks of Compaq as a LONG TERM BUY....

I cannot see how any other conclusion can be reached. Do you?

Regards,

LoD