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Technology Stocks : Compaq
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To: Satyr who wrote (16343)2/3/1998 2:18:00 PM
From: rag2rag   of 97611
 
Hi,

<<<But Standard & Poors has downgraded Compaq and placed the corporation on it's CreditWatch list. "A sustained decline in profitability and cash flow measures could lead to a downgrade." >>>

S&P is conservative. Notice the word "could" in their reasoning.
A credit watch would be used by bond holders more than stock holders.
Bonds are more conservative and so I dont see any inconsistency here.


JMHO

regards,
jag-dish
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