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


To: rupert1 who wrote (37295)11/24/1998 8:53:00 AM
From: Kenya AA  Read Replies (2) | Respond to of 97611
 
vepoc,

I wouldn't have picked CPQ to rise 20% by 12/31 because I think the odds are only about 80% that it will. Too much is hinging on how the DEC acquisition is doing and until we get confirmation from someone other than management that it's going well it's not contest material.
BTW I'm not a real longtime owner of CPQ but I keep hearing that CPQ has a history of misleading analysts. Do they have some kind of bad track record other than the fiasco last Feb.?

Am I lucky or what? CREE featured in IBD today and Haines just said they're going to be on SQUAWK this morning !

K




To: rupert1 who wrote (37295)11/24/1998 10:21:00 AM
From: csm  Read Replies (1) | Respond to of 97611
 
Yes, I would pick CPQ for 20% rise. I've only been following it for a few months but it seems to me that there is strong resistance here that we will soon overcome. All indications are that the merger is going well and the PC market is hot. As an outsider,I thought the direct sales announcement was timed very astutely, just before Dell's numbers and that has put CPQ on more people's radar screens.

There's too much whining on this thread!<g> Don't forget that this *PIG* is up 50% from its low of $23 in just over a month. What's wrong with that? The next move will probably put us into the $40-45 range, close to a double. This isn't some small cap.

Stuart