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

To: MeDroogies who wrote (69984)	10/25/1999 9:54:00 PM
From: Captain Jack	Respond to of 97611

MeD--- yes--- the 5 is where I figured they had to be or see mid teens easily. At current EPS they can pay that off in 2 years of profits or just take it out of the bank,,, just so they do not buy CPQ stock just yet,,, LOL!! Next dip I hope they buy DELL stock-- along with me,,LOL! Or MUEI--

To: MeDroogies who wrote (69984)	10/25/1999 10:12:00 PM
From: rupert1	Read Replies (2) \| Respond to of 97611

MeDroogies: The WSJ referred to the average of a range of expectations that have been in the Street for two months. COMPAQ has said it is comfortable with the range or the average. The average of the range is .05 cents per share profit BEFORE write-offs. The write-offs will be between $700-900 million. The headline tomorrow will be COMPAQ declares huge loss but meets (or beats) analysts expectation of 5 cents a share before one time losses. I would think COMPAQ will take the opportunity, if it can, to bring forward as much expenses and costs as possible to be covered by these write-offs, so that profits in subsequent quarters can look so much better.