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Technology Stocks : Compaq

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To: PCSS who wrote (91997)7/2/2001 9:32:35 AM
From: Elwood P. Dowd  Read Replies (2) of 97611
 
Prudential Cuts Compaq Estimates, Says Apple May Miss Top Line
By TSC Staff

7/2/01 9:04 AM ET

Prudential Securities analyst Kimberly Alexy lowered her revenue and earnings estimates for Compaq (CPQ:NYSE - news - commentary), and she said Apple (AAPL:Nasdaq - news - commentary) could possibly miss its top-line forecast for the current quarter.

Additionally, the analyst said aggressive pricing continues to pressure Gateway's (GTW:NYSE - news - commentary) margins, but she indicated that the PC maker could likely break even for the second fiscal quarter
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