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Technology Stocks : Compaq
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To: rupert1 who wrote (37145)11/22/1998 10:25:00 PM
From: Pruguy  Read Replies (1) of 97611
 
let me throw my 2 cents in on the cpq earnings question....I have said this before but some of you may have missed it....Last March Intel preannounced an negative quarter and it was followed 2 days later by a negative announcemnt by Compaq. Last qtr intel preannounced a positive qtr. and cpq came in with excellent sales in that qtr. This qtr intc preannounce positive qtr due to strong PC sales in all regions. I don't think legal insider information could be disseminated any more clearly. Intels biggest customer is kicking some major butt everywhere. The writing is on the wall. Compaq is doing very, very well and Intel told us that and EP affirmed it when he said he is comfortable with earnings. Let the doubting thomases have their fun, but those of us that can read the writing on the wall will be rewarded with an excellent qtr from Compaq.
My 2 cents on this matter, but it seems painfully clear to me.. I wouldn't sell this stock now unless you were making a general market call
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