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Technology Stocks : Compaq
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To: daaan who wrote (52500)3/10/1999 10:54:00 AM
From: trouthead  Read Replies (1) of 97611
 
INTC is off a little over 20% from its recent high of 143. CPQ is off 37%. The extra 17% is due to a lack of faith in the company because over the last year and a half they have not grown. Why didn't they grow? Because they decided to bite the bullet and change the direction of a tanker. It takes time to do this.

I am betting that this is over done. I don't think they will have startling earnings. I have already guessed at .33. But I do think that the scare going on right now is hype.

jb
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