El ... Interesting Articles
***************
Sept. 13, 2000, 11:50AM
Parts shortage hurts electronics makers
It may last 9 months, Compaq leader says
By TOM FOWLER and DWIGHT SILVERMAN
Copyright 2000 Houston Chronicle
chron.com
***************
Compaq Computer Reiterated 'Strong Buy' at Banc of America
9/13/00 7:23:00 AM
Source: Bloomberg News
cnetinvestor.com
***************
SCI Systems Expects 1st-Qtr Profit to Miss Forecast (Update1)
9/13/00 7:31:00 AM
Source: Bloomberg News
cnetinvestor.com
From the article
As of May, Hewlett-Packard Co. made up 30 percent of SCI's sales, Dell was 11 percent, and Compaq Computer Corp. was 9 percent, Miscioscia said.
***************
This confusing info about PC sales, Kumar 6% sequential growth vs IDC 10+% and SCI warning, wouldn't affect CPQ Q3 numbers. Assuming 6% sequential growth, this means CPQ PC sales will increase by ~300M from Q2 to Q3, the remaining 400M should come mostly from Wildfire sales, and some from storage and services which were weak in Q2. I don't see much risk here regarding Q3 projected numbers. This is another false alarm similar to SSB downgrade about 10 weeks ago. |
