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Technology Stocks : Compaq

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To: rupert1 who wrote (77818)2/9/2000 3:29:00 PM
From: Elwood P. Dowd  Read Replies (3) of 97611
 
CPQ will not warn. Capellas knows he'll make the .17, cause he'll sell enough assets to make up the shortage. He has already explained that the sale of assets would be an ongoing practice and when he was asked(at the cc, I believe)if he was comfortable with the estimates, he said yes, whatever your numbers are. He either doesn't know the consensus or doesn't care cause he'll just cut loose some more Ask Jeeves, or whatever. The key is to watch what and how much they sell in the next 60 days. Did he ever say he'd make the earnings estimates WITHOUT the sale of assets? I don't think so, but I could be wrong. Even if he did, he still wouldn't have to warn if the consensus is .17 and he turns in .17. Of course, WS will kill the stock if he does that. El
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