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


To: Andreas who wrote (81423)4/20/2000 6:38:00 PM
From: Captain Jack  Read Replies (2) | Respond to of 97611
 
Andreas --
MSFT says rev hurt due to slowdown in business PC sales.. Looks like msft (down almost 4 after hours) and cpq will get cheaper Monday..
By Tom Wolf, Bridge News New York--Apr 20--US stocks are seen subdued on the open Monday after Microsoft expressed caution about near-term growth in reporting earnings after the bell Thursday...as investors remain leery of high-priced technology issues.
After the bell, Microsoft (MSFT) reported third quarter
earnings of 43 cents a share, or 2 cents above the First Call consensus estimate. The software giant, however, said sales were hurt by a slowdown in personal computer sales and expressed caution about near-term prospects.
"Revenue was light as demand for business PCs remained slow in the quarter, and
we remain guarded about near-term growth," said John Connors, Microsoft's chief
financial officer.



To: Andreas who wrote (81423)4/20/2000 7:30:00 PM
From: Salah Mohamed  Read Replies (1) | Respond to of 97611
 
Andreas .... About Consumer PC's in March

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Compaq cuts deals to regain PC retail crown
By Joe Wilcox
Staff Writer, CNET News.com
April 20, 2000, 2:30 p.m. PT
yahoo.cnet.com

From the article:
HP surpassed Compaq in February retail sales, according to market researcher PC Data. Although Compaq has been the number one PC company for years, HP has been gaining market share through offering product packages and cutting prices. Preliminary data for March, however, shows the companies are running almost equal.
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