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Technology Stocks : Jimbo's Playhouse/CPQ -- Ignore unavailable to you. Want to Upgrade?

To: Richie who wrote (543)	4/18/1999 7:33:00 PM
From: Kenya AA	Read Replies (2) \| Respond to of 12662

Richie: ....and I also agree that the street will take a wait and see approach. Well, I sure hope so - it would be much better, technically speaking, for CPQ's stock price - which, I assume, is our main concern. <ggg> CPQ has only put in one week's worth of base here at this 23-24 level and although it could conceivably bounce from here, TA history indicates that the downside risk (especially with the way the rest of the tech sector has been acting over the past few days) outweighs the upside here. Wall Street 101: The Street HATES uncertainty! I was feeling pretty good about MSFT and Lulu making the Street see the light, as it were, this week. We'll just have to wait and see if CPQ has screwed things up for the rebound or whether it's the catalyst for the tech rebound. Your guess is as good as mine at this point. K