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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?


To: Captain Jack who wrote (62879)6/10/1999 9:51:00 PM
From: Captain Jack  Read Replies (1) | Respond to of 97611
 
GTW never impressed me in the past but CPQ has not said anything like this since Christ was a kid!
<<
Gateway (GTW: news, msgs) Chief Financial Officer John Todd said the
computer seller is on track to meet analysts' expectations for a second
quarter profit of 55 cents per share. He told fund managers Thursday at
the PaineWebber Growth & Technology conference in San Francisco that
he thought the company's stock is undervalued at current levels around
$60 a share. He said Gateway will become aggressive in the sub $1,000
personal computer market. It's begun advertising packages for $999 and
$699, he said. The company is eyeing small business customers through
its Gateway Country stores. Gateway wants to position itself as more of a
services company than a hardware company, Todd said, adding the
company expects 400,000 subscriber to its ISP service by the end of the
second quarter, up from 200,000 in the first quarter.>>
Chances of me adding another box maker are as good as CPQ being 55 by 12/31/99 NIL!
Maybe Rosen does not think we are undervalued yet???