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


To: Jim McMannis who wrote (26111)5/13/1998 6:08:00 PM
From: PCSS  Read Replies (2) | Respond to of 97611
 
In CNBC's daily review of today's market and the rising prices a GRUNTL "analyst" said that stocks will still go up and mentioned CPQ going to $36 and then to $45.....this was supposedly in a reasonably short term.

It's just a matter of time till CPQ really takes off

Michael



To: Jim McMannis who wrote (26111)5/13/1998 6:18:00 PM
From: PCSS  Read Replies (1) | Respond to of 97611
 
CNBC just announced the Hewlett Packard (HWP) will miss this PAST quarter's (ending April) concensus by $ .12 they will be at $.65 instead of the expected $ .77. Because of product mix, asia economics and pricing pressures.

Today HWP had hit a all time high and Bank of Boston wrote a BUY report yesterday.

I knew their gains in market share and lowering prices would cost them and so IT HAS.

Hopefully CPQ will not be negatively impacted since it took its lumps earlier.

Michael