SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Compaq

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Andreas who wrote (18769)3/2/1998 3:22:00 PM
From: Just_Observing  Read Replies (1) of 97611
 
This is a possible explanation of CPQ's move today.

CPQ is participating in the Merrill Lynch Technology Conference. Their CFO made a presentation today (around 11 am PST). He would not talk about CPQ's sales in February nor discuss their inventory problems. He refused to say anything at all about February's sales. He would only say that the numbers for February are not in yet. When I got this news, the stock was more than 33 and it went into a decline right away. This is my two cents worth.

All info. courtesy of my ML broker. Good Luck

San
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext