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

To: QuentR who wrote (54379)	3/22/1999 11:55:00 AM
From: Racso	Read Replies (1) \| Respond to of 97611

Quent: A key stock to follow today for leads on market psychology and its impact on CPQ is IBM. Kramer suggested this today. I am not his fan but I think he is right. With all the media attention on Dow 10K, IBM as a Dow component is as good as a clue as you can have.Now, the media has focused on the bad reviews of IBM, i.e. Morgan Stanley last Friday and Bancboston RS today. Not much word for the more positive remarks of SalBros which just reiterate its buy recommendation, target $235 and PaineWebber which as I write also reiterated its buy. If IBM holds up today it would calm many nerves including mine.