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

To: CGarcia who wrote (33087)	9/18/1998 9:50:00 PM
From: Night Writer	Read Replies (1) \| Respond to of 97611

CGarcia, Briefly, IMHO Compaq is in a slump due to old channel problems, DEC purchase, and current impact on earnings. The DEC purchase along with Tandem purchase has changed the company from a box maker to a full service IT company. Short term we will see volatility in a trading range of roughly 27.5 to 35. At some point there will be a break out to the 40s. How big a break out will depend on earnings. A major factor outside of compaq's control will be the global economy. The better the economy the better the earnings, and the higher the stock price. Long term compaq will be a super blue chip stock. NW