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Technology Stocks : Compaq

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To: MeDroogies who wrote (97125)4/13/2002 1:28:47 AM
From: Elwood P. Dowd  Read Replies (3) of 97611
 
>>>>>Comments from morningstar.com
by: all_talk_no_action2002 04/12/02 08:46 pm
Msg: 280561 of 280577

"Even if Compaq's (NYSE: CPQ - news) March-quarter sales come in ahead of plan Thursday, as management recently said they would, investors should avoid the stock. Turmoil continues to surround its planned merger with Hewlett-Packard (NYSE: HWP - news), and the shares are too expensive both if the deal goes through, and if it doesn't, said Morningstar's Beaulieu. If sales were indeed higher in the quarter, watch for low pricing on Compaq's products. That will mean the company's profit margins are eroding, he said."<<<<<
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