Compaq Message Board - Msg: 17062845

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Technology Stocks : Compaq

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To: PCSS who wrote (95244)	2/14/2002 3:41:12 PM
From: Night Writer	Read Replies (2) of 97611

15:00 ET Dow +1, Nasdaq -9, S&P -2.88: [BRIEFING.COM] Heading into the final hour of trading, the market is mixed with little change seen in the major indices... Over the past hour or so, the market has been hit with news of an S&P downgrade of Qwest's (Q -1.07) credit rating and rumors that Intel's (INTC +0.37) quarter is tracking below forecast due to pricing pressure on the P4... The latter is worthy of skepticism given that such rumors are common ahead of an options expiration day; nonetheless, it has clearly taken some steam out of the influential SOX Index as investors are cognizant of Hewlett-Packard's contention last night that it isn't certain the strong consumer technology spending pickup seen in Q1 (Jan.) will continue in Q2 (Apr.)... As a reminder, Dell Computer (DELL -0.96) is scheduled to report its earnings results after the close... SOX -0.8%... NYSE Adv/Dec 1571/1500... Nasdaq Adv/Dec 1416/2003.

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