Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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

To: rupert1 who wrote (76627)	1/25/2000 9:59:00 PM
From: rupert1	Read Replies (2) \| Respond to of 97611

There may be some disappointment in WS that forward guidance was conservative. But not all investors were as optimistic as some on here - so the disappointment may not be as pronounced as it appears to be here. All the talk of disappointing revenues seems to be contrived - based on initial headlines and superficial year-on-year comparisons. I cannot see any analyst downgrading tomorrow. I can see most reiterating their current stance. There may be a few who might upgrade incrementally if they have a neutral or on accumulate on it now. They may hold off giving an opinion until next week after the analysts meeting. I cannot see large institutions selling off - there is no reason. It is still a safe value play with at least 15% growth - better than most. Some of them may want to get in lower and may hold off in expectation of it pulling back to the bottom of the $27-$32 trading range in a down market. Tomorrow or the next few days might present a good short term trading opportunity. The initial pressure on the stock price will be from momentum traders who bought on the hype expecting $35/37/40 soon. But what percentage of the float do they own? The secondary pressure will be market fears of a Fed rate hike. COMPAQ will not be immune from that on the basis of these results.