SI
SI
discoversearch

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.
Technology Stocks : Dell Technologies Inc.
DELL 119.41-2.7%Nov 19 3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Chuzzlewit who wrote (116079)4/10/1999 7:36:00 PM
From: PAL  Read Replies (1) of 176387
 
Compaq said its revenue for the first quarter would be about $9.4 billion, short of the $9.7 billion analysts had expected. And it said that profits would be about $250 million, or 15 cents a share, rather than the expected $540 million, or 32 cents a share.

"The quarter's shortfall reflects lower-than-anticipated market demand and increased competitive pricing in the commercial PC sector," Earl Mason, Compaq's chief financial officer, said in a statement. Compaq officials did not return calls seeking further comment.

Paul, that "lower-than-anticipated market demand" statement does not reflect the fact that CPQ will only be $ 0.3 billion short of estimated $ 9.7 billion revenues, or a mere 3% while earnings are expected at 15c vs estimated 32c/share or a difference of 53%. That should indicate that the problem is CPQ specific. The "lower-than-anticipated market demand" is the lost to competitors and not the softness in general market. MCD stated on April 8 that the market is healthy.

Any analyst should be able to see the soft market excuse given by EM as indefensible. Can anybody say that CPQ management does not deliver? Looking at 5fer I have the impression that his style is authoritarian.

Paul
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News