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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?

To: Thomas Sterner who wrote (11118)3/23/1999 9:00:00 PM
From: Jurgen  Respond to of 43080
 
..Can somebody explain why CPQ showed strength today..

Just came across this explanation from TSC:

..Also, Compaq closed up 1/2, or 2%, at 30 5/8. The stock may have benefited from implications of Monday's merger between Comcast (CMCSA:Nasdaq) and MediaOne Group (UMG:NYSE). The deal is expected to lead to a merger between @Home (ATHM:Nasdaq) and Road Runner, which is partially owned by Compaq..

Jurgen




To: Thomas Sterner who wrote (11118)3/23/1999 9:32:00 PM
From: SteveDavis  Read Replies (2) | Respond to of 43080
 
CPQ:

I think all of the selling is done. This is such a high profile stock and its "troubles" have been so widely reported that anyone who was going to sell has done so by now, IMO. At some point everyone is going to remember that the AltaVista IPO is lurking back there in the background somewhere.

Steve Davis


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