Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Dr. David Gleitman who wrote (35849)	11/4/1998 10:55:00 PM
From: S.C. Barnard	Respond to of 97611

I think they recommend, then sell some of the time.

To: Dr. David Gleitman who wrote (35849)	11/5/1998 12:14:00 AM
From: CGarcia	Read Replies (2) \| Respond to of 97611

I think the channel stuffing and DEC buyout has turned most investors off CPQ...Nothing can help this stock at this point...even good news for Compaq will turn into bad news for everyone...Just watch when, as expected, Dell announces they're losing ground to Compaq in total sales(due to Compaq's inventory correction, which no one bothered to mention as the real reason Dell closed ground last quarter)... I think instead of CPQ stock soaring on the news, most tech investors will look at it as "bad news for Dell means bad news for the whole sector" and EVERYONE will sell. It may be time to just get out of tech stocks for a while, at least til a new "DELL" comes along...as for Compaq...we'll know the answer come the next quarter....if a gain of .37 cents per share doesn't move this stock 10 points up...then we'll be floating in the $20-$40 range for the next couple of yrs.

To: Dr. David Gleitman who wrote (35849)	11/5/1998 1:09:00 AM
From: cbstock	Read Replies (1) \| Respond to of 97611

COQ has been and is a stock that is very heavily driven by the options market. Right now the call options and the put options say that this stock will be around 31 at expiration this month. Until the accumulation (volume) overwhelms the options traders on the CBOE then this stock will continue to be a laggard and very disappointing to all of us unless we trade it. Every time they sell a call option position they hedge by selling the stock short. I have both bought , sold and held the stock, (currently 1000shrs) and expect the next 6-8 weeks to show upward movement. Wall Street is just not ready to begin to give CPQ a good multiple yet. There are currently 20 strong buy analyst recommending the stock on Zacks. That is a large Number. Do not despair. The smart money is starting to leave DELL because there is more value in CPQ. Regards cbstock