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

To: rupert1 who wrote (37640)	11/27/1998 11:07:00 AM
From: Richie	Read Replies (1) \| Respond to of 97611

Victor, I wouldn't necessarily disagree on the trading range..... it is going to take a quarter or two of solid earnings to make a push to new all-time highs....but when the big boys come back.....they come back hard (fund managers). The same way they dumped in January. IMO that is when we will see a break through, until then, maybe the upper end of the trading range....although, i think the bottom of the range may be 32ish. RichieH

To: rupert1 who wrote (37640)	11/27/1998 11:11:00 AM
From: Loki	Read Replies (2) \| Respond to of 97611

vepoc...Re:Contest@11:00AM EST Bill Chow's Pick MSPG just hit 21.14% WSTLA-18.37% CA - 10.15% NOVL-7.06% TLAB-5.18% Your trip to US - You might like to bring empty suitcases if you are going to an American Mall. The North Midwest in winter, spent inside a crowded mall during the Holidays. hmmm.... Loki

To: rupert1 who wrote (37640)	11/27/1998 12:39:00 PM
From: Pruguy	Read Replies (1) \| Respond to of 97611

this is a classic example of why technical research is not a bible and just a supplement to fundamental analysis. From a chartist angle WMX and CPQ may look similar in the short term. That is where the similarities end. I can't think of one comparison regarding the waste industry and the technology industry. On another matter, Dorsey gave us a glimpse of why he is a technician and not a fundamental analyst. The computer industry is not mature. It is growing in the high double digits. Not mature in any sense. I didn't see the interview, but the quotes attributed to him would make him sound very uninformed and not qualified to give investment advise. Finally, why would a trader not buy a stock in a trading range of 34-38 when it is 34 3/8. My school of technical trading says this is where you buy and then sell near 38. I think Dorsey may have been better staying home today