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


To: Elwood P. Dowd who wrote (78202)2/15/2000 12:19:00 AM
From: Captain Jack  Read Replies (1) | Respond to of 97611
 
EL <<"Btw, didn't you guesstimate earnings for Q4
'99 of 52 cents??? El ">> Maybe now he has become realistic!



To: Elwood P. Dowd who wrote (78202)2/15/2000 1:25:00 PM
From: QuentR  Read Replies (1) | Respond to of 97611
 
Yes, El I was hoping for a turn around, but this year is looking just like last. The stock was going down for no apparent reason. Then last year we were hit by the reality of problems. Seems we are headed in the same direction now. The best case is that we would hold at 28 to 30. The worst case seems to be back in the teens.

If CPQ could just hold its value a little better than tanking from 32 down to 24, down almost 25% I could see a recovery coming, but there is something missing to this story. Also as you and others have pointed out, there is no strong stand on projections by MC. Also if there is this much good news and the stock is going down, what happens when there is bad news. Where do we tank to now? 12 to 15? I hoped for the best and now just did a reality check.