Compaq Message Board - Msg: 12823372

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Technology Stocks : Compaq

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To: Elwood P. Dowd who wrote (77821)	2/9/2000 3:44:00 PM
From: MeDroogies	of 97611

Interestingly, I think CPQ will come pretty close to .17 without selling assets. I think to make it they WILL have to....but I'm fairly certain that cost-cutting will allow them to increase the reliability of their earnings estimate. I realize that 4th quarter is the best quarter for sales, but I remember when AAPL was coming off their 4th quarter estimates, the same comments were being made....yet AAPL hit the # with a relatively weak quarter. People complained that revenues were down...channel stuffing...etc. However, the cost cutting is what got them to where they were. After that, the savings multiplied, and they got their sales in gear. I believe the same result will be seen here.

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