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Technology Stocks : Compaq

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To: Night Writer who wrote (80355)3/28/2000 3:11:00 PM
From: Piotr Koziol  Read Replies (1) of 97611
 
Here's a good reason why computers are down today. From a
Raging Bull poster:

By: Profile_14
Reply To: 10665 by
mainst_20
Tuesday, 28 Mar 2000 at 2:48 PM
EST
Post # of 10669

We are experiencing Window Dressing

In my opinion, this will continue for the week as mutual fund
managers tweek their porfolios to show just what they want. In my
opinion, it is a gift to those with reason to believe that CPQ will
do well this quarter and year.

Think about it. How could they hire a CFO and have him
embarrassed on his first public conference call with investors if
they were not reasonably sure to meet their numbers, especially
after spelling it out to the analyst community in late January?
Anyway, I think it is a no-brainer. 16 cents is my guess
(consensus estimates). Any trading gains will be offset by
charges for discontinued operations announced last quarter and
before.
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