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Strategies & Market Trends : The Amateur Traders Corner

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To: gladman who wrote (11572)	7/10/2001 4:52:24 PM
From: Oleg Sogolov	Read Replies (3) of 19633

I think CPQ news should help to further serve cause for CCMP, MSCC drop tomorrow. Read this excerpt below and tell me if the bozos in charge of Compaq know anything about predicting visibility: "...The Houston-based company said in April that it expected its second-quarter revenue would be roughly $9 billion, or flat with the first quarter, and that profits would rebound strongly in the second half. Compaq said it now expected earnings on an operating basis for its second quarter of 4 cents per share, down from the 5 cents a share the company had estimated in April." On top of that, 5000 more jobs are expected to be cut.

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