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


To: rudedog who wrote (88030)12/16/2000 10:51:37 AM
From: Elwood P. Dowd  Read Replies (1) | Respond to of 97611
 
rude.. I've asked the thread the following a couple times but don't think it has been answered unless I missed it in the recent flurry of posts....... I know that CPQ expects softness going forward and that the last 2 quarters will show improvement and be the best of 2001. So my question is did they actually guide lower for q1 yet? With the inventory problem, the pc sales slowdown, the economy going further south, and now, apparently, server sales cooling off, it would naturally follow, imho, that a guidance lower for q1 is inevitable. El



To: rudedog who wrote (88030)12/16/2000 11:07:12 AM
From: Andreas  Respond to of 97611
 
Rudedog;

Thanks. That is encouraging news to hear that the buy-back is expected to be completed by April 30. It certainly sounds like they intend to implement this one. It's too bad they didn't sell their cmgi shares six months ago (the cmgi stock is likely restricted in any event and therefore can't be sold yet). If they could have sold, this latest buy-back would be free with cash left over. Let's see what monday brings. Will there be a run-up in anticpation of the fed to be followed by profit taking at 2:15 p.m. on tuesday afternoon?