The Thread Formerly Known as No Rest For The Wicked Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Junkyardawg who wrote (14992)	3/1/1999 1:31:00 PM
From: Glenn	of 90042

I like cpq as well. Compaq <CPQ.N> trims estimates CHICAGO, March 1 (Reuters) - ING Baring Furman Selz said Monday it lowered its revenue and earnings estimates and repeated a buy rating for top personal computer maker Compaq Computer Corp. after indications of weakness in first quarter sales. -- ING Baring analyst Robert Cihra said he lowered his 1999 first quarter revenue estimate to $9.9 billion from $10.1 billion following indications that Compaq's January-February sales were less than expected. He also trimmed his first quarter earnings estimate to $0.35 a share from $0.41 and full year 1999 estimate to $1.73 from $1.84. -- In a report, he said he believes the weak start to the first quarter was due to Intel's planned pricing actions in February, as some PC buyers waited to buy the latest Pentium III, while others held back waiting for price cuts on existing parts. He expects a rebound in March. -- Shares of Compaq were trading off 1-7/8 to 33-3/8. REUTERS Rtr 11:14 03-01-99

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next