Compaq Message Board - Msg: 13474568

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Technology Stocks : Compaq

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To: Piotr Koziol who wrote (81425)	4/20/2000 7:23:00 PM
From: Captain Jack	Read Replies (1) of 97611

P -- I do not think so-- looks more like there just is not the business to support the inflated payroll that has even less work now according to deductions from the msft CC.. By James J. Cramer 4/20/00 6:43 PM ET URL: etrade.thestreet.com Oh boy, we are selling our Microsoft (MSFT:Nasdaq). The guidance is none too good. They are really taking analysts down. It is a major downbeat call. PC growth has slowed. The Street has to come down to 15% growth. This was a big miss and it will get bigger. The company is very cautious. I have never heard this company talk down earnings before. The worst it's ever said is that it would keep its numbers the same. Analysts were told to take a nickel out of their numbers; that is the most expensive nickel in history. Can't be optimistic about this one. Not at all. Analysts seem stunned. Terrible transition and terrible timing for Mister Softee, I am afraid.

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