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Technology Stocks : Compaq

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To: ioioioi who wrote (26189)5/14/1998 6:21:00 PM
From: The Vinman  Read Replies (3) of 97611
 
HWP is a cloud in a storm. I don't buy any of this crap as far as upgrades in the PC sector are concerned. IMHO CPQ will suffer the same fate, just not as severe because most of the news has been priced in. But I feel another warning is on the horizon, and CPQ will fail to break even in the next 2 quarters as predicted. NSM sites PC problems/inventory and slacking demand in THIS and NEXT quarter. Don't buy the ANALysts BS that a turnaround is in the making, this thing could go on for another year and a half. Its funny, I HAD short position in HWP going into today($$$$) but even I was pissed off at these fool ANALysts that aren't worth a hill of beans. I am short CPQ as of today, luckily I sold out all of my long positions in the $70's before the split....good luck to all...

Vinman
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