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Technology Stocks : Compaq
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To: Loki who wrote (19783)3/5/1998 11:15:00 PM
From: zurdo  Read Replies (1) of 97611
 
Loki, even though Mason was a bit vague, he did not appear to be trying to mislead anyone. In all fairness to him, it would be foolhardy for him to state that the earnings picture was going to be positive or negative with 2/3 of the earning period not yet in. He said the best thing an honest CFO can say under those circumstances. He said he was comfortable with the earnings data he had to date, and stated the obvious, which is that the competition is tougher than expected. Since he is not God, he cannot foretell what the full picture will be until most of the data are in. The shorts are obviously deeply worried that CPQ will meet their numbers, so it is natural for them to read SHORTFALL into any news they view or hear.
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