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


To: elepet who wrote (59305)4/22/1999 8:13:00 AM
From: Captain Jack  Respond to of 97611
 
Most have quite a way to go-------



To: elepet who wrote (59305)4/22/1999 8:59:00 AM
From: Kenya AA  Read Replies (1) | Respond to of 97611
 
elepet: FWIW, if I were short CPQ, I would cover now. It's not that I think there's no further downside (if they screw up on execution and finding a new CEO - it's going down), but CPQ is basing which means it's dead money for a while for both longs and shorts. It's time to move on - come back to CPQ later. As for the BIG TIME covering, if CPQ cracks 30 (now overhead resistance), they're out of here.

JMO,

K