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

To: Night Writer who wrote (73532)	12/10/1999 12:06:00 AM
From: Captain Jack	Read Replies (1) \| Respond to of 97611

NW --- there have been lots to bitch about with CPQ. Price drop, EPS disappointment, Shit*y mgmt. and the list goes on. There has been no price drop since April. CPQ's price has been in the sewer since then. There has been nothing to celebrate as it has not risen to any kind of an acceptable level. It looks like it wants to be a $20 issue forever and MGMT has no probem with that. Add the fact either MC knows the area of the EPS by now or is not qualified to hold the position. The lack of a CFO is a draw back and CPQ may be looking at the OJT guy as possibly no one wants that job either. There really has not been a damn thing to be excited about with this crappy stock. As the year ends and tax sales are made people get a little up tight. Most do not enjoy some of the biggest runs in mkt history and their net worth lower than last year. I just try to get others to lighten up a little as I bitched enough most of the year. If I were to go into detail on my thoughts of this truely piece of shit stock it would only bring the depressing facts to the minds of others during this holiday season. Glad your wall is coming along nicely. Anything is more interesting than cpq's rediculous price moves. IBM was 85 not long ago. The problems it is having have had a smaller effect on it than cpq's problems did to it. IBM will return to its highs long before cpq gets near theirs. If cpq had anything good to say that could indicate they are not in the same position it should be out tomorrow. If they do not have anything good to say then it will be hit and deservedly so as it is a considerably weaker stock. If they do not know either way they should find other employment. Many are looking to add ibm on dips,, not the same can be said for cpq but many are looking to bail cpq on any small rise. There are tech few companies, even those with problems, with as weak a stock as cpq. Even though it is in a poor performing sector and attempting to change many things few really believe anything will happen soon, fewer want to gamble on MC, other sectors are running as cpq cannot even move. It now looks to many as cpq will be little more than a trading issue in the 20 range,,, however unless people do more than watch the tape and SI that will not come to them. The stock price will see action at 22 - 23 as traders arrive, It will also see action at 25 - 27 as traders get out and take some of those that bought in the teens - low 20s as they get disgusted holding a decent profit but while others continue to move up. Unlike most of those here in love with cpq I look at it without rose colored glasses and do not see much in the near future. Do not blame IBM for the short comings of cpq and mc... with luck it will drop below 100 and I'll add more with the cash from some of my cpq losses.. but atleast some of that will go...

To: Night Writer who wrote (73532)	12/10/1999 4:23:00 AM
From: rupert1	Read Replies (2) \| Respond to of 97611

This is comment on IBM's news. Has anyone found any comment linking it to the hardware sector? ___________________________________________________ IBM : INTL BUSINESS MACHINES (NYSE) All Headlines IBM shares dip after weak outlook reconfirmed NEW YORK, Dec 9 (Reuters) - Shares of International Business Machines Corp. (NYSE: IBM) slumped as much as 5 percent on Thursday afternoon amid disappointment that IBM did not signal a more positive near term outlook in a meeting with Wall Street analysts. IBM, the world's biggest computer company, reaffirmed its forecast of lowered expectations set in October when it warned of a spending pause by some customers tied to millennial bug computer repair. Analysts said some investors had expected IBM to release some offsetting positive news on Thursday. "I think people were expecting IBM to come out and say that maybe their Year 2000 problem wasn't as bad as they thought," said CIBC World Markets analyst James Berlino. IBM had told analysts to expect fourth-quarter profits to be 15 cents to 20 cents per share below the company's year-ago earnings of $1.24 per share and that first-quarter 2000 results were also likely to fall short of expectations. The stock, which was hovering near $118 in mid-afternoon, traded as low as $112-3/8 soon after the chief financial officer's comments were made available on IBM's Web site. The shares closed at 113-11/16, off 4-7/16. IBM's shares had gained over 10 percent in the past week, in anticipation of some positive news coming out of the new York meeting, analysts said. But they noted that the company never indicated it would tweak its forecast, and that most analysts expected no changes. In fact, Berlino was encouraged by IBM's disclosure of its strategy for rebounding after the Year 2000 bug issues have cleared. "It was good how they gave out a lot of detail on how they are going to attack the e-commerce opportunities," he said. IBM said the Armonk, N.Y.-based company would see a return to normal customer buying patterns of its diversified mix of computer hardware, software and technical services in the second quarter of 2000, and said 2000 could prove to be a banner year. "The IBM story is positive," Berlino added. "Overall I think you can walk away from this saying the outlook for 2000 is a little better than a couple months ago. Get through this quarter and get through the first quarter and I think you will see the stock really come together."