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

To: Senator949 who wrote (39208)	12/8/1998 10:46:00 AM
From: PCSS	Respond to of 97611

I see it another way ... CPQ is rising and will rise more (1) Early each recent day the big houses/institutions and day-traders are buying big, (2) Then after about 1/2 hr. they slow down their CPQ transactions to step back and view the response (3) The small investors then seem to take some of their profits (4) The the biggies come in again and volume/price increase (5) At around 3pm the day-traders look for their profit exit (6) The biggies begin their buying UP again At least this is how I've viewed it over the past few weeks, JMO Michael

To: Senator949 who wrote (39208)	12/8/1998 10:54:00 AM
From: Kenya AA	Read Replies (2) \| Respond to of 97611

Robin: I believe what we're seeing is normal profit-taking by short term traders. Big institutions that have poured $ into CPQ over the past week do not move in and out of stocks on a day to day basis. Don't under estimate the power of a breakout to new highs on heavy volume. The Big Boys will buy on dips. That said, the overall market is beginning to be problematic - yesterday was another day where the market moved up, but on lower volume. This is not good. Be careful out there everyone. K