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


To: TechMeister who wrote (8346)10/31/1997 8:08:00 PM
From: Imran  Respond to of 97611
 
Would have been happier if they released this statement on Monday morning. As things stand, the morons of Wall St. will forget it over the weekend.



To: TechMeister who wrote (8346)11/1/1997 9:28:00 AM
From: hpeace  Read Replies (2) | Respond to of 97611
 
thread..asian sales
remember when we were looking for the asia sales number
well pfief just said this...looks like asia is alittle over 10%
but pfieif says it's in countries that aren't going to effect them
with currency problems.....so, the bulk of the 14% is in asia.
I think this means over 10% but 11% of the 14 percent we isolated it too.

"Compaq's stock was among those battered because of worries the Asian problems
would affect U.S. companies' earnings. But Pfeiffer said those
concerns ''didn't make a lot of sense.''

He said Compaq had just over 10 percent of its sales in Asia or ''a relatively
small share of the (company's) total.''

Pfeiffer said fourth quarter sales were ''as strong as we anticipated...we're on
target.'' Historically, he pointed out, the last quarter is a good one
because of holiday buying. "