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Technology Stocks : Compaq
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To: Captain Jack who wrote (89026)1/22/2001 7:44:50 PM
From: Elwood P. Dowd  Read Replies (3) of 97611
 
MC may have said .28-.30 but the analyst's consensus is .28 so anything more than that will be considered beating the number. Imho, CPQ will report .29 or just maybe .30 but will, in the cc, put a damper on Q1 but expect a recovery beginning in late Q2. Result will be that CPQ stays in the 19-22 range(most of Q1) and then finds its way back to its favorite wallowing mudhole of 23-25 range(most of Q2). A summer rally on recovering economy, better pc demand, and back-to-school anticipated Fall pc sales will take the stock back to 29-30 range(most of Q3), and then back to 33-35(end of Q4) for Christmas 2001. In other words, it takes us nearly a year for the stock to recover what it lost in less than 60 days. El
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