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Technology Stocks : Compaq

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To: Andreas who wrote (65634)7/23/1999 4:38:00 PM
From: louis mason  Read Replies (1) of 97611
 
Go CPQ i know you can blow it big time Baby!!

"Posted 22/07/99 12:57pm by Mike Magee
Compaq to make MegaLoss
The Wall Street Journal is reporting today that Compaq will make a huge loss when it delivers its results next Wednesday.
According to the newspaper, Compaq is likely to report a loss of as much as $230 million for its Q2, which contrasts very badly with its previous Q1 when it made a $281 million profit.
And revenues are expected to be flat for the quarter, according to the report.
The WSJ claims that part of the reason for the anticipated loss is because it has lost high-end customers for its Tandem and Alpha boxes. "

these guys at CPQ are such loosers- i love it! i'm actually looking forward to buying in after this one is announced..

l mason
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