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


To: uu who wrote (45747)1/27/1999 7:44:00 PM
From: eDollar.com  Respond to of 97611
 
This is the same situation with XLNX.
XLNX was upgraded to top pick by DLJ when it was around 35,
with a target of 70. When it was around 48, it was removed
by DLJ to buy from top pick. The stock retraced to 42-23 and then took off and blew the 70 mark and is now in a trading rang close to $80.

The way they have been predicting internet stocks is funny.
The bubble is about to burst and sell sell sell.
Sure they caused a short term panic. I think they used this opportunity and loaded up. Now they say internet is the future and unlimited growth can be expected and many analysts turn so very bullish in a week. I will wait when YHOO is 1000 and AMZN is 300.
CPQ will come back to high 50's or low sixties by next earnings. I am waiting for a sell off in DELL to play earnings. DELL makes a good move historically as earnings approach.