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Technology Stocks : Compaq
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To: JRI who wrote (50349)2/27/1999 5:09:00 PM
From: rupert1  Read Replies (1) of 97611
 
John: There seems to be a bit of confusion in the minds of those trying on the INTC scare story. PC unit sales grew in the first six weeks of 1999. INTC benefitted from that growth - end of Intel story.

But the PC side of things is different. The rate of growth of units was not matched by the rate of growth of revenues because the ASP was lower. Units grew so did revenues, but units grew faster.

PS I am out of PSQL. I broke even. I only had a nominal investment in it to spike my interest. I think it will get back to 12/13 within a matter of weeks and may get back in when it starts its move, but I was frustrated by the lack of information and spending too much time trying to understand it. Small caps are very vulnerable to even one analysts opinon. Another one I follow was started as a Market Outperform the other day by Goldman Sachs - for no obvious reason. So immediately everybody starts speculating.
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