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Mike....The ability of MM's and analysts to influence the driving force behind a stock's movement are actually rather limited......The market is greater than one or two analysts' influence....If what an analyst is saying is truly false the market will digest this and spit it out....If however there is some truth the Market, as a whole, will also know it and the price will move according to the greater opinion of the whole.......EARNINGS, past AND future as a combined tandem are the ONLY thing that really dictates stock price......DELL and CPQ both have had solid past growth performances, but the acquisition of DEC by CPQ makes the future unknown.......When the Street, as a whole, sees the PROOF, that is the actual numbers at the end of the upcoming Quarters, then they will know for sure how successful the acquisition is.....Possibly when their plan for integration is made public there could be some optimistic price movement, but it will take the EARNINGS (always the bottom line) to really propel CPQ's stock price.....Plain and simple............George |
