Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Roads End who wrote (42283)	1/5/1999 6:11:00 PM
From: robbie	Respond to of 97611

Steve, excellent point. I think TLAB and CPQ are a lot alike. TLAB got beaten down because the Street was not favorable to their merger with CIEN. It languished while others in its sector (LU, CSCO, ASND) kept making new highs. Now TLAB has some catching up to do. Same with CPQ. Think about it - in 1998 Compaq had major price wars, had the channel stuffing fiasco, and had a huge acquisition. These all had negative impacts on the stock. So CPQ has some catching up to do, just like TLAB. It will happen. One more point - despite those three major negative impacts - channel stuffing, price wars, huge merger - CPQ was still up 50% in '98. Imagine what will happen when they are hitting on all cylinders. Robbie

To: Roads End who wrote (42283)	1/5/1999 7:41:00 PM
From: Kenya AA	Read Replies (1) \| Respond to of 97611

Richie: **OT** You think you have to convince ME about that chart pattern??? jajajajaja I forget what you got in at, but I'm sure you're doing very well! Congrats! I used to trade TLAB way before the CIEN problem - used to trade CIEN, too! Bought a lot of AMAT today in and around 47 on the big volume (up about 80% I think) breakout at 46 - so far, so good. Seriously, though, I'm going to bone up on this flag/pennant pattern stuff and see what I think. It's just that base breakouts are so much easier to "read" and then you get that support on the downside. If you can buy as close to the breakout point as you can, once you KNOW (read volume) that it IS a breakout, you have the best shot at the upside and the least risk on the downside. Well, we'll see .... good day for Compaq, though! YES. K