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

To: Tony Viola who wrote (84787)	9/18/2000 3:58:43 PM
From: profile_14	Read Replies (1) \| Respond to of 97611

Tony, at this rate of decline (120 points per day on the Nasdaq), the index will be down to zero in about a month to one-and one-half months, before earnings are even released, bringing every stock under the roof with it. I think CPQ will be OK this quarter, but I will be looking for guidance as to what they can do in a weaker currency environment for the following quarter. Hedging, I suspect, may be done on a quarterly basis, I hope I am wrong, so they may be hedging from this level for next quarter, who knows? I hope Jesse had the foresight to hedge in July for the remainder of the year which would represent the majority of the revenues and profits. Coming from Kodak, he is one of the best of the world on the subject matter since Fuji and Kodak either die or cash in based on FX management. That operation, and I am going from memory and if I am not mistakened, is bigger than the film business itself. If the market realizes that the US economy is slowing, that may actually give the European economy and the Euro some impetus, as their economy is still going, despite the oil snaffu's. I don't think the oil prices will stay here for long, as greed will ultimately motivate folks to take profits. Also, I would be surprised if Bush did not use it against Gore and the present administration prior to the elections. Neither party wants to catch blame for mismanaging supply of electricity and oil. Therefore, with possibly a strengthening in the Euro because of a perceived improvement in Europe's economic position relative to the US' due to its slowdown, Q4 could be saved because of better foreign exchange translation and we could be witnessing a bottom on the Euro. At least that is my theory. Separately, Carly Fiorina, according to CNBC, allegedly said HWP is "fairly on track" for its Q4, whatever that means. Compaq still mum, which I hope is a good sign. At least those guys know very well how much of their credibility is at stake presently -- and for now, they seem to care about it very much by the way their press releases are being managed. Regards,

To: Tony Viola who wrote (84787)	9/18/2000 3:58:56 PM
From: profile_14	Respond to of 97611

Tony, at this rate of decline (120 points per day on the Nasdaq), the index will be down to zero in about a month to one-and one-half months, before earnings are even released, bringing every stock under the roof with it. I think CPQ will be OK this quarter, but I will be looking for guidance as to what they can do in a weaker currency environment for the following quarter. Hedging, I suspect, may be done on a quarterly basis, I hope I am wrong, so they may be hedging from this level for next quarter, who knows? I hope Jesse had the foresight to hedge in July for the remainder of the year which would represent the majority of the revenues and profits. Coming from Kodak, he is one of the best of the world on the subject matter since Fuji and Kodak either die or cash in based on FX management. That operation, and I am going from memory and if I am not mistakened, is bigger than the film business itself. If the market realizes that the US economy is slowing, that may actually give the European economy and the Euro some impetus, as their economy is still going, despite the oil snaffu's. I don't think the oil prices will stay here for long, as greed will ulitmately motivate folks to take profits. Also, I would be surprised if Bush did not use it against Gore and the present administration prior to the elections. Neither party wants to catch blame for mismanaging supply of electricity and oil. Therefore, with possibly a strengthening in the Euro because of a perceived improvement in Europe's economic position relative to the US' due to its slowdown, Q4 could be saved because of better foreign exchange translation and we could be witnessing a bottom on the Euro. At least that is my theory. Separately, Carly Fiorina said HWP is "fairly on track" for its Q4, whatever that means. Compaq still mum, which I hope is a good sign. At least those guys know very well how much of their credibility is at stake presently -- and for now, they seem to care about it very much by the way their press releases are being managed. Regards,

To: Tony Viola who wrote (84787)	9/19/2000 3:01:42 PM
From: Salah Mohamed	Read Replies (1) \| Respond to of 97611

Tony ... About Earning Warning >>>As I recall, about six quarters ago, a certain company warned after the quarter had closed, which would be after 9/30 in terms of this quarter. Of course, that was under previous management. Nitpicking, but I'd give it 2 weeks.<<< IMO, there is no warning. CPQ has a BOD meeting in the last two weeks of the quarter to review the quarter performance and if things are going according to expectations they declare the quarterly dividend. With this PR, I do believe we are in the clear: Tuesday September 19, 9:43 am Eastern Time Press Release SOURCE: Compaq Computer Corporation Compaq Declares Regular Cash Dividend biz.yahoo.com