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

To: Kenya AA who wrote (55779)4/6/1999 12:28:00 PM
From: Captain Jack  Respond to of 97611
 
K --- it looks to be only a matter of time,, The headline Tech Stocks Head Higher and CPuke is mentioned

"Computer hardware maker Compaq (CPQ) said it
launched an online software store featured on its Web
site Compaq.com and operated by Beyond.com
(BYND). The site targets small and medium businesses.
See press release. Despite the news, Compaq shares
slid 3/4 to 30 13/16."

On good news too... something keeps telling me someone knows something bad that we are not aware of,,, it is probably the stock price telling me that---



To: Kenya AA who wrote (55779)4/6/1999 12:38:00 PM
From: Bazmataz  Respond to of 97611
 
You raise good points, Kenya. Haven't covered yet, but for Victor's sake I will try to post when I do. I'm hanging out here for now - CPQ looks too weak to cover at this point. The psychology is so negative that I'll wait and see... 30 does seem like a critical point for this stock. It had trouble breaking through it to the upside awhile back and once it breaks it down, it may have further to go. Thanks.


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