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

To: Kenya AA who wrote (53642)	3/17/1999 12:28:00 AM
From: Christopher	Read Replies (1) \| Respond to of 97611

Victor, The TA picture for CPQ is improving!!! Remember in my last TA analysis, I said that CPQ next support is around 30. Well, CPQ hit a low of 29.97 on 3/12/99 and started to go back up and today it reached a high of 33.25. This is what support means for those who had questions about it last time. I hope that 29.97 is close enough to the prediction of 30!!(In your last memo addressed to me it seemed you lost faith in TA). Off course CPQ could have gotten as low as 29 or may be 31 but that does not matter much. The point is somewhere around 30. CPQ may turn down(God forbids!) and go below 30 again but it still got some support at 30. CPQ seems to be oversold short term and intermediate term. This means it could be poised for a great advance and may retest it old highs of 51.25 but first it has to close above 35.36 its current resistance. If I don't give you a TA when it closes above this price for couple days then ask me for one. Today CPQ gapped up a very positive sign of strength. Good trading, Christopher

To: Kenya AA who wrote (53642)	3/17/1999 12:36:00 AM
From: Night Writer	Respond to of 97611

K, Took a quick look at DLX. Not too surprising to me. Low trading volume forever. Fortune 1000 company with 15,500 employees. Appears to be deep into e commerce. Historic stock price appears to be in $40. Price in low 30s and falling. Pays a $.37 quarterly dividend. Would have to dig some more. My first read is it is perceived to be in a mature business having a paradigm shift. Let's face it printing checks is just not a sexy business. I bet that is their their main public image. However, if it falls down into the 20s and pays a steady dividend, it would make a good stock for little old retired people.<g> Hmmm, I might add it to my watch list. NW