Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Loki who wrote (86919)	11/16/2000 10:02:28 PM
From: Elwood P. Dowd	Read Replies (1) \| Respond to of 97611

From The Zoo: Incredible by: mariobon2000 11/16/00 9:43 pm Msg: 197204 of 197206 Schaeffer bearish on PCs Schaeffer Investment chairman is cautious on Compaq and Nortel November 16, 2000: 3:59 p.m. ET NEW YORK (CNNfn) - Bernie Schaeffer, chairman of Schaeffer Investment Research, said Thursday that he expects Compaq to lose momentum and the stock price to dip going forward in a fluctuating PC sector. Schaeffer was also bearish on Nortel and Qualcomm. Every day at 1 p.m. ET, CNNfn viewers are invited to call in to the "Talking Stocks" segment and ask equity-related questions of the guest expert. The toll-free number is 800-304-FNET. Click here to send your questions to the next guest Name: Vijay, (Location Unknown) Question: Compaq (CPQ: Research, Estimates). What is your outlook on Compaq? Is there any reason to believe that it might get back into the mid-30s or low-40s soon? Answer: I'm not a CPQ fan, nor am I fan of the PC sector. Earnings growth is decelerating as the PC becomes even more of a commodity, and the areas into which the PC makers have been attempting to diversify have a less promising outlook than as recently as six months ago. CPQ has good technical support at about $25, but I would not rule out a move to $20 or perhaps even below before the shares ultimately bottom.