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Technology Stocks : Compaq

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To: hlpinout who wrote (53179)3/13/1999 6:51:00 AM
From: rupert1  Read Replies (2) of 97611
 
Hi hio: That cr*ppy news was not so bad. The only "news" was that one analyst said that February sales were "mostly in" and although they were stronger there was no surprise upside. How does she know that?. Even if true it does not alter the following:

"The company declined to comment on orders for March.

''We have said the quarter is back-end loaded,'' said
spokesman Jim Finlaw of Houston-based Compaq, meaning that more
sales are expected in the latter part of the three-month period.

Compaq could meet expectations if March is unusually strong,
or if it manages expenses to cope with slower sales, analysts
said.

''They will do what it takes to hit the numbers,'' said
David Stremba, analyst at Dataquest Inc. Dataquest expects PC
demand to start picking up in April.
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