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Technology Stocks : Compaq
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To: jim kelley who wrote (40837)12/22/1998 7:53:00 PM
From: Jeng Chiu  Read Replies (1) of 97611
 
Jim, It is general consensus that CPQ will hit their numbers. Even Non CPQ supporters (ala Merril Lynch) has stated that CPQ should meet and perhaps slightly exceed the 1st quarter estimates.

There would not be such an influx of money into the stock if there was even the hint that earnings will not be met, especially after what happened last year with all the channel stuffing. The stock is being accumulated and it is everyone's opinion, except the most staunch bears, that CPQ will probably beat estimates by a penny or two.
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