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Technology Stocks : Compaq
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To: Elwood P. Dowd who wrote (45894)1/28/1999 4:21:00 PM
From: rupert1  Read Replies (1) of 97611
 
El: I inferred from one of the excerpts I read on this thread last night that there was a cc yesterday, closed to the public. During that supposed cc analysts discovered that 5 cents of the 43 was a one-time tax credit. However, that piece of "news" has been put into question by Kumar's piece published earlier on the thread to the effect that 2 or 3 cents was due to a favourable tax rate - whatever that means - and 2 cents to improved margins. So who knows, was there a cc. If there was a cc what is the point of a Friday meeting. The Friday meeting was mentioned last week by Faber. But perhaps that was originally intended to deal with a Time Warner announcement. I also rememebr previous media reports of a meeting after earnings. There is nothing on the company site about a Friday meeting. I would hope somebody in the US could call Investor Relations and find out.
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