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

To: elepet who wrote (57405)4/12/1999 4:33:00 PM
From: Elwood P. Dowd  Read Replies (3) | Respond to of 97611
 
who has the BOP figure today??? El



To: elepet who wrote (57405)4/12/1999 4:36:00 PM
From: Night Writer  Read Replies (1) | Respond to of 97611
 
elepet,
Looked at transaction log for the trades today. IT gave the 10 largest trades. They were 900,000 shares down to 426,000 shares. All were at $24 except the two smallest. So I'm betting the eight largest trades were buys on the up tick.
NW



To: elepet who wrote (57405)4/13/1999 9:37:00 AM
From: JDN  Read Replies (1) | Respond to of 97611
 
Dear elepet: I dont know, but I SUSPECT it is short term traders looking for a "Dead Cat" bounce back to about 28 maybe 30. Reason? Well, CPQ probably overstated the decline in earnings by a couple cents (that is not unusual in these cases) and when earnings finally released stock could take a bounce up. BUT, IMHO this stock has been wrecked and it will be some time (if ever) we see it moving strongly above 30. JDN


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