SI
SI
discoversearch

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: HoodBuilder who wrote (38291)12/3/1998 1:38:00 AM
From: Merlo  Respond to of 97611
 
Looks like the CPQ train is leaving the station..All aboard!! But if
it does go down tomorrow It'll give me a chance to load up with another 1000 shares.



To: HoodBuilder who wrote (38291)12/3/1998 8:22:00 AM
From: Ted Downs  Respond to of 97611
 
Michael,

Here's another reason CPQ will go down tomorrow......

GLOBEX PRICES AS OF 12/02/98 08:55 PM TRADE DATE: 12/03/98

CONTRACT LAST NET CHGE CONTRACT LAST NET CHGE
S&P 500 DEC98 1160.50 -1180


As of about 8:10 AM est S & P futures now at + 220. I don't put a lot of faith in overnight globex prices as you can see they have changed rapidly and your reasoning is flawed by using that criteria in "why CPQ will go down tomorrow". I'm not saying that futures won't give direction but this is a good example of how meaningless using that as a predictor was . On the contrary, cpq's strength should carry into the opening this morning in my estimation.

Ted