Semi-Equips - Buy when BLOOD is running in the streets! Message Board

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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!

LRCX 231.30

-1.6%

3:59 PM EST

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To: TI2, TechInvestorToo who wrote (6286)	7/15/1998 1:36:00 PM
From: Jacob Snyder	Read Replies (1) of 10921

CPQ motorolaes their numbers, beats expectations: from today's WSJ: Compaq Computer Corp. posted a gaping loss of $3.63 billion for the second quarter because of charges for its purchase of Digital Equipment. But excluding the charges, it managed a slim profit, edging expectations. The big Houston company recorded $3.63 billion in charges -- the same as the quarter's loss -- tied to its massive deal earlier this year to acquire Digital. The charges cover the costs of a write-off, job cuts and other restructuring. Its net loss for the quarter, was equal to $2.33 a diluted share. The charges were expected. Stripping away the effects of the acquisition, though, Digital managed to top analysts' views for a period when the personal computer industry has seen a slowdown in consumer demand. Without the charges it posted earnings from operations of $32 million, or two cents a share.

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