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

To: Elwood P. Dowd who wrote (79976)	3/23/2000 4:53:00 PM
From: Night Writer	Read Replies (1) \| Respond to of 97611

Spoken like an old fashion IR. We should chip in and buy Mary a good Compaq PC. She could use the internet. She could read the company press releases. She could keep up on what the news services are saying. What's Mary's number? NW

To: Elwood P. Dowd who wrote (79976)	3/23/2000 4:57:00 PM
From: Night Writer	Respond to of 97611

Mary didn't catch this one either. NW (DOW JONES) DJN: =DJ Compaq Computer Dn -2: First Call Sees 1Q Net 16c/S DJN: =DJ Compaq Computer Dn -2: First Call Sees 1Q Net 16c/Shr By Scott Eden NEW YORK (Dow Jones)--Compaq Computer Corp. (CPQ) stock fell nearly 8% in heavy trading Thursday on speculation the company might either issue a first-quarter profit warning or report an earnings shortfall. A Compaq spokesman wouldn't comment, citing company policy regarding rumors. Shares of the Houston-based personal-computer maker were recently changing hands at 29 13/16, down 2 7/16, or 7.6%, on composite volume of 48 million, double the daily average. "It's rumor-mongering," said one trader who declined to be identified. Wall Street expects Compaq to earn 16 cents a share for the first quarter, according to First Call/Thomson Financial. Compaq is scheduled to report results on April 17. Compaq earned $281 million, or 16 cents a diluted share, on revenue of $9.42 billion in the year-ago first quarter. Although analysts by and large aren't expecting a profit warning, they noted that questions have surrounded Compaq's seasonally weak first quarter. "I think the stock has traded up recently on increasing enthusiasm on Compaq's long-term outlook, particularly in its server business," Kurtis King, an analyst with Banc of America Securities, said. "Today's chatter has brought Wall Street back to the current quarter, which we've know for some time is somewhat dicey." J.P. Morgan analyst Daniel Kunstler characterized Compaq's first-quarter earnings guidance as "noncommittal." Kunstler said that despite good demand and stable pricing, Compaq's consumer PC business is a question mark. (MORE) DOW JONES NEWS 03-23-00 03:43 PM * end of story *