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Technology Stocks : Compaq

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To: PCSS who wrote (85524)10/12/2000 3:11:11 PM
From: Night Writer  Read Replies (2) of 97611
 
Michael,
It's a macro thing. Also analysts are saying AMD is taking share from INTC rather then profiting from PC sales growth. Therefore PC growth is slowing down. Also MC's announce to employees about CPQ growth in second half might have been too close to MD's second half comments right before he announced the quarterly warning. The most logical reason is tomorrow is Friday 13, and it's already been a bad week. So a lot people figure this turkey isn't going to recover tomorrow. DOW is trying to go under 10,000 and the NAZ is trying to get under 3000.
NW
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