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Technology Stocks : Compaq
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To: Elwood P. Dowd who wrote (63693)6/18/1999 5:20:00 PM
From: SC  Read Replies (1) of 97611
 
<<I'll be surprised. If we hold 20, I'll be surprised.>>
El, I thought I read some posts earlier that you said you had sold already?

investor.msn.com
U.S. earnings outlook rosy, with a few exceptions
...
But despite the bullish earnings outlook, some companies have been alerting Wall Street that analysts' forecasts are too high. Two prominent examples in recent days have been Compaq Computer Corp. CPQ and Gillette Co. G .

Compaq, the world's biggest maker of personal computers, said it expects a loss of $0.15 per share for the second quarter. Before the warning, analysts on average had been expecting a profit of $0.20 per share. Compaq, citing pricing pressures and poor revenue growth, coupled the earnings warning with an announcement of a restructuring program that will mean job cuts
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