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


To: PCSS who wrote (83011)6/29/2000 2:56:00 PM
From: PCSS  Respond to of 97611
 
Maria says

SalmonSmith Barney CPQ downgrade ... not lowering estimates and lowering price from 45 to 25

Quality of earnings will be poor



To: PCSS who wrote (83011)6/29/2000 2:58:00 PM
From: marquis103  Read Replies (2) | Respond to of 97611
 
That's one of the worst bullshit downgrades I've ever seen. Analyst isn't even cutting eps. He says they will make the quarter, but he doesn't like the "quality" of the earnings. What the hell does that mean? Guess we'll have to wait for the full report but this is some of the worst manipulation of a beaten stock that I've ever seen.

Russ