SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?


To: Howard Feinstein who wrote (55848)4/6/1999 6:12:00 PM
From: Kenya AA  Read Replies (1) | Respond to of 97611
 
Howie: I admit that the action in CPQ today looks pretty scary, but this type of "shakeout" is not an uncommon pattern and may actually be a good sign. For example, take a look at CPQ's chart for the month of November and first week of December - when we were basing around 34?? See how the stock took a dive 2 days before it blew through 36?

I'm certainly not saying that selling was a mistake (it hasn't been so far <ggg>) and, as well, I don't know what your cost basis, etc. is. I'm only commenting on today's price action in response to your "bad vibes" comment.

K