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.

Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Jack T. Pearson who wrote (117618)	11/30/2000 10:59:50 AM
From: Lane Hall-Witt	Respond to of 120523

Jack: Good question. CPQ said a couple of days ago that it wasn't them, either. I haven't studied their results and conference call yet, but I'm tempted to say HWP probably stuffed the channel. Their computing systems business segment grew 29 percent year over year, and margins were just half of the previous quarter at a measly 3.7 percent. (I don't what the estimates were.) HWP had to have been desperate, given how crushing the quarter was. Of course, HWP claims it didn't know how its quarter was tracking -- which isn't exactly reassuring. I'm expecting another big miss out of AAPL, too. They're marking down wildly, have a history of channel-stuffing, have had disappointing early results from the Cube, still haven't shipped Mac OS X. . . . Ugh--.