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Technology Stocks : Compaq

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To: Roads End who wrote (33720)10/2/1998 12:40:00 PM
From: Senator949  Read Replies (1) of 97611
 
If General Electric can comment on their quarter just one week before it is released so can CPQ.

If you re-read 33700 and the article pointed to you will find:

Compaq Computer Corp. said Friday that the integration of Digital Equipment Corp. was on track and that its takeover of the company would begin to contribute to earnings by the end of 1998.

This reads like the veiled pre-announcements Digital used to make. I read it to mean, Digital which had five profitable quarters in a row before the takeover will now not show a profit for Compaq until the 4th quarter. This indicates the uncertainty of the takeover has led to a slowdown. My current guess for CPQ is +.02 for this quarter.

Robin
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