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

To: Lizzie Tudor who wrote (38902)12/6/1998 1:33:00 PM
From: rupert1  Respond to of 97611
 
I excerpted this from a Yahoo post by Mytum.

"Compaq Computer Corp (NYSE:CPQ - news) options were very active, with January 40 calls trading 8,200 contracts and December 35 and 40 calls trading about 5,700 each.

Paul Foster, strategist at 1010wallstreet.com, said the stock had broken above technical resistance near 38. Some brokerages also raised their ratings for the stock."

The whole piece is at

biz.yahoo.com



To: Lizzie Tudor who wrote (38902)12/6/1998 1:37:00 PM
From: Elwood P. Dowd  Respond to of 97611
 
I don't think that GM came out with compact cars some years ago cause they wanted to. They did it cause the Japanese auto makers were eatin' their lunch. It's called "survival." El



To: Lizzie Tudor who wrote (38902)12/6/1998 1:40:00 PM
From: Kenya AA  Respond to of 97611
 
Michelle: Thanks. It's just that I know how the Street likes to look at the headlines, pull the trigger, and find out the facts later. Just the thought of Dell computers at a price point under $1,000 is going to make the spinmasters either say - "Dell Cries Uncle!" or "Look Out Compaq!" Hard to guage which at this point I guess.

K


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