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


To: IGL who wrote (21693)3/13/1998 3:59:00 PM
From: van wang  Respond to of 97611
 
why do you think CPQ is "writing off everything"...last I heard they are writing ntg down...top line flat to last year...earnings zero...btw a few cents would not force me to close my short...the fundamentals near term plus integration issue weighs more heavily than a few pennies this quarter...channel inventory confirmed by competitors as well

when they blow out inventory...with lower prices...there will be less demand temporarily afterwards

good luck