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


To: JDN who wrote (52501)3/10/1999 11:04:00 AM
From: Howard Feinstein  Read Replies (2) | Respond to of 97611
 
JDN, are you suggesting that the drop of 20 points by CPQ is related to bad press by CNBC? All CNBC does is report, if CPQ surges upward they will jump on bandwagon and highlight and mention CPQ often. They don't make or break a stock. CPQ drop has no relation to anything mentioned on CNBC.

Howie



To: JDN who wrote (52501)3/10/1999 11:21:00 AM
From: daaan  Read Replies (1) | Respond to of 97611
 
My comments is not a criticism of the CPQ management. It's a commentary on the the Wall Street / Media unwritten coalition. The media needs drama to get attention, wall street needs volatility to make money. A great marriage or at least affair.

The legal profession has made it easier for annalists to have opinions then corporate leadership to make forward looking statements. It's is better that management spend their time fighting the competition the responding to every bozo on CNBC.

If you don't have time to listen to all the annalists you could just sell when El is happy and buy when he is sad.

I'm long and staying long. I don't need an aqualung but I did grab a snorkel.

Best Regards, daaan