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


To: Night Writer who wrote (80355)3/28/2000 3:11:00 PM
From: Piotr Koziol  Read Replies (1) | Respond to of 97611
 
Here's a good reason why computers are down today. From a
Raging Bull poster:

By: Profile_14
Reply To: 10665 by
mainst_20
Tuesday, 28 Mar 2000 at 2:48 PM
EST
Post # of 10669

We are experiencing Window Dressing

In my opinion, this will continue for the week as mutual fund
managers tweek their porfolios to show just what they want. In my
opinion, it is a gift to those with reason to believe that CPQ will
do well this quarter and year.

Think about it. How could they hire a CFO and have him
embarrassed on his first public conference call with investors if
they were not reasonably sure to meet their numbers, especially
after spelling it out to the analyst community in late January?
Anyway, I think it is a no-brainer. 16 cents is my guess
(consensus estimates). Any trading gains will be offset by
charges for discontinued operations announced last quarter and
before.



To: Night Writer who wrote (80355)3/28/2000 3:46:00 PM
From: Sabrejet  Read Replies (2) | Respond to of 97611
 
I only have 1000 shares. Not to big time it but, if I lose $30K then so be it! Not much of a chance at that.

I don't want to be a scrooge either. But, slamming the company as one is holding is quite counter-productive. I didn't like the fact someone took the opportunity to get a cheap shot in regarding "starry eyed..." nonsense.

Those people should just spend all day pm'ing each other if that's what they "need".

Sabre!



To: Night Writer who wrote (80355)3/29/2000 1:51:00 AM
From: rudedog  Read Replies (1) | Respond to of 97611
 
NW - re: doesn't that present some type of accounting problem?

I believe it creates an asset on the books which would get worked down by the actual severance costs. I assume there is some time limit when the charge would have to be reversed but that would only add to CPQ's income at some future date. However, my assumption is that they will actually work down the headcount (and the charge) this year.