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


To: Night Writer who wrote (31162)8/18/1998 11:59:00 PM
From: Brett Trueman  Respond to of 97611
 
Dell fell in advance of the earnings announcement (not in reaction to it). After the earnings came out, the stock moved up sharply in after-hours trading.

Brett



To: Night Writer who wrote (31162)8/19/1998 12:04:00 AM
From: CGarcia  Read Replies (1) | Respond to of 97611
 
"Buy on the rumor, and sell on the news." The reason stocks run up before earnings announcements, and fall back afterward. It is usually a temporary trading impact on the stock."

So should we sell Compaq stock the day after it reports its earnings, then buy back again a few days later when the stock price has dropped some?