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


To: csm who wrote (55608)4/5/1999 11:27:00 AM
From: rupert1  Respond to of 97611
 
csm: I think a lot of analysts get nervous about projecting that CPQ will recover to $51 or reach, for example, $65 in the near term or even this year. Their words have to be understood in that context.

But I do not think too many would deny that it could get to $41 within the near-term if results are good and the medium-term, if they are not good. I know that is not complete consolation for those who have been holding since $51 or who bought above $41, but a rise from $31 to $41 is 30% and on a stock which has little rational downside, and substantial further upside.