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Technology Stocks : Compaq

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To: Andreas who wrote (69786)10/24/1999 5:41:00 PM
From: Elwood P. Dowd  Read Replies (1) of 97611
 
Andreas... I agree with most of what you say and I, too, was surprised at the guesstimate of triple earnings. I guessed .06 and a close on wed. of 18 3/4. The thought that CPQ will move much by beating the estimates by a penny or two is not in my book. Wall Street is so used to putting a negative spin on anything from CPQ, I don't know why a penny or two would make a difference. What may make a difference is if Capellas comes thru with a blockbuster cc that is perceived as genuine, but even at that, there will be those who continue to talk the company down and stall the stock. El
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