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


To: rupert1 who wrote (56805)4/10/1999 6:20:00 PM
From: Mike Gordon  Respond to of 97611
 
"COMPAQ will be doing its damnest in the next two weeks, which represents a kind of peak PR window, to talk the stock up..."

Couldn't agree with you more, however, several external factors might retard any upward movement for the next few months. The tech sector is prime for a reversal and the CPQ announcement may have been the match that lit the fuse. If so, a general decline in the techs will only compound CPQ woes. That being said, aggressive money has no other place to go except the techs that should cause a subsequent recovery. Haven't we seen this in the past?



To: rupert1 who wrote (56805)4/10/1999 6:34:00 PM
From: HerbVic  Respond to of 97611
 
It is a conundrum. There is possibly no way to avoid all damage. So in this situation, ones efforts to extricate one's capital resources from the mire may have to rely on 'degrees of relative certainty' in order to optimize and achieve 'relative degrees of success.'

FWIW here's my forward looking assessment on AAPL:
AAPL will certainly gap down at the open, but it's hard to imagine it dropping below 35 for any length of time. Thursday should at a minimum see another attempt on the 38 1/4 resistance established on Tuesday. The official announcement of the 'speed bump product refresh' will be the next accelerator. That probably will not happen until the week after expirations.

HerbVic