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

To: QuentR who wrote (55206)	3/30/1999 1:05:00 PM
From: Carol S.	Read Replies (1) \| Respond to of 97611

Quent, interesting analysis from that site, I've seen some blocks of buys. They seem to think buyers may come back in: I-Watch Market Commentary Morning Update \| Intraday \| Market Wrap CPQ -- Pers Computers -- Technology 30-Mar-99 11:42:18 Shares of Compaq are benefiting from a recent corporate announcement that it is expanding its products/services aimed at the fast growing small and medium sized business segment of the computer market. The stock last traded up $1 1/8 to $32 5/8, off slightly from its intra-day high of $32 3/4. A review of CPQ's I-Watch chart shows that CPQ's strong rise has attracted offers to sell stock from several institutional brokers which suggest the stock's rise may level off and potentially pull-back slightly in the near-term. A review of Compaq's trading data showed that over 65% of its total trading volume is attributable to block trades which suggests institutional buying is behind today's rise. Given the strength in the broader markets today and the earlier aggressiveness in the buying in CPQ, we would be on the lookout for the re-emergence of buyers in the pre-trade I-Watch market (blue triangles) on a pullback in the stock.