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Technology Stocks : Digital Equipment Corp. (DEC) -- Ignore unavailable to you. Want to Upgrade?

To: George Dvorsky who wrote (2982)	3/2/1998 12:32:00 AM
From: George Dvorsky	Read Replies (2) \| Respond to of 3276

In case you missed it on the CPQ thread, I just blamed DEC for bringing CPQ down over there. I tried to figure out CPQ's movement but even most of the CPQ people couldn't make much sense of it. Then it hit me, CPQ was looking like DEC usually does. Since DEC can easily fade for a whole quarter, this bears close watching. I was in a leveraged position until last week and closed out just before that 250,000 share dump (anyone know who that was?) as the stock started to dip below 60. I was looking for a convincing turn around to buy CPQ shares or cheap options, but it kept fading. With the market surging like it is, there must be a lot of worry about CPQ/DEC to make them fade like that. Remember, DEC is an S&P 500 stock, and when the market surges, the index funds MUST buy it. I assume likewise for CPQ. The only good news is the large CPQ short position out there (source: CPQ board). That could help both stocks turn on a dime. Caveat emptor. Let's be careful out there. Those falling knives can make a soprano out of a bass drum. gd

To: George Dvorsky who wrote (2982)	3/2/1998 2:53:00 PM
From: Tom M	Respond to of 3276

>> Is this another of those periods when DEC's earnings are written off before DEC takes a write off? Or one where DEC surprises on the upside? It looks like the word is that DEC will miss, big. That wouldn't shock me much, except that someone could tell so early!<< Remember one of the press releases on the last earnings day had DEC already WARNING about this Q, saying the analysts need to bring down the numbers for this Q by about 1/3, or from .64 to .45. Yahoo is still listing them at .53 setting up for disappointment, or ruining the potential surprise if they were to beat their lowered .45. At any rate, fear of missing this Q's numbers is OLD NEWS, DEC already warned in Jan. regards, Tom