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Technology Stocks : Compaq
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To: Andreas who wrote (26419)5/21/1998 9:33:00 AM
From: Elwood P. Dowd  Read Replies (1) of 97611
 
GTW wasn't downgraded as such, but earnings estimates were cut... at least that's how I understood Maria's report. she said that GTW's earnings were cut due to margin pressure created by the proliferation of sub 1k units. May not affect CPQ as much as others, as CPQ's sub 1k lower margins have already been built into the share value, IMHO. Her thoughts that GTW's earnings adjustments will negatively affect the other boxmakers shares today makes sense to me. El
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