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

To: Timothy Liu who wrote (33924)10/6/1998 4:47:00 PM
From: agiak  Respond to of 97611
 
Could be a head and shoulder formation buddy.
Unless compaq falls with the general market, I see it
heading back up to the 30's before making a double bottom to 23.



To: Timothy Liu who wrote (33924)10/6/1998 5:17:00 PM
From: Raffi  Respond to of 97611
 
Is it possible the channel stuffing rumor is being put out to drop the price before earnings come out so some of the big guys can load up. I don't think cpq is in the same bad situation today as it was earlier in the year when the stock was trading in the mid 20s. I wouldn't be too surprised if they come out with descent earnings and the stock is back in the mid 30s by november or descember. Just a thought.


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