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Strategies & Market Trends : Steve's Channelling Thread

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To: Jdaasoc who wrote (20203)	7/10/2001 4:58:44 PM
From: James Calladine	Read Replies (1) of 30051

CPQ WARNS: <<<Compaq (CPQ) 13.76 -0.44: -- Update -- Company will hold a conference call at 5:30 ET; Dial in number: 712-257-3734 Password: Compaq. Compaq (CPQ) 13.76 -0.44: -- Update -- Company says Europe is getting worse; "It is now clear that the economic slowdown is spreading overseas, and we will therefore move more swiftly and go even deeper in our structural cost reduction programs."' Compaq (CPQ) 13.76 -0.44: -- Update -- Maintains current quarter outlook on earnings; sees Q2 warns on revs at $8.4 bln vs. Multex consensus of $8.9 bln; will cut an additional 4,000 jobs; see press release.>>> Namaste! Jim

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