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


To: Howard Feinstein who wrote (54804)3/25/1999 9:54:00 AM
From: fooledalot  Read Replies (1) | Respond to of 97611
 
Howie,

On behalf of the entire thread, we THANK you.

(BTW, would you mind buying a few more.....like....maybe....everyday?)

f



To: Howard Feinstein who wrote (54804)3/25/1999 9:55:00 AM
From: PCSS  Read Replies (2) | Respond to of 97611
 
I've noticed that everyday in the first 45 min approx. 2+ mill shares are bought on UPticks of sometimes as much as 1 point (as today) .... then normally after this initial rush CPQ retreats about 1/2 the gain before it settles into a 'normal' trading pattern.

This leap UP, then retreat seems to happen most days.

What is the logic, strategy or thinking for this to occur ?? ... I would think that these BIG buyers would understand CPQ's early-day pattern and wait until it settles down to buy

Michael