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


To: trouthead who wrote (62033)5/25/1999 5:26:00 PM
From: Captain Jack  Read Replies (1) | Respond to of 97611
 
JB--
if the rest of the week follows the beginning of the week we shall see another 52 week low. A double in 7 months seems unlikely unless all you predict comes true on the high side. HUGE upside surprise on eps, AV gets a valuastion like probable a month ago, and the ceo has a rep the street loves and he starts off running. The most possible prediction is there will be no rate increase.. AND there is no more bad news...
Not difficult dropping 5% today and staying down... very difficult to SUSTAIN a rise of that size.. esp lots of cheap shares ently purchased to be traded for the easy money under 32 and an 8 - 10 gain is hart to overcome,,, nearly 50%..