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Technology Stocks : Compaq
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To: peacelover who wrote (17884)2/22/1998 7:37:00 AM
From: Satyr  Read Replies (2) of 97611
 
The problem they have is that they are moving away from their area of expertise. They made their reputation and money as a builder of computers like DELL. Their short term earnings may take a hit as they try to absorb DEC. This will make them a stronger company long term but I think their days of rapid earnings increases are history.
As far as analysts go it seems that everyone loves them when they tout THEIR stock. They only become idiots and pimps when they go the other way. Besides all the faithful should love the critics for giving them a chance to get in cheaper. Personally I'm a trader and don't really care which way CPQ goes. Good money was made playing their trading range last week and that's all that I care about.
Good luck with your investment.
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