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


To: S.C. Barnard who wrote (27530)6/11/1998 10:54:00 PM
From: Elwood P. Dowd  Read Replies (1) | Respond to of 97611
 
scba.... I just feel like the excuses are beginning to wear thin. I'm afraid that we may be destined to stay in the 20s for another 3 months, and I think many investors who have even a small profit will decide that enough is enough and bail. EP and EM, so far, seem to be vague on where the company is going in Q3, but may be sand-bagging a little to avoid another disappointment and to better justify all the layoffs. I guess if I was not underwater(and I've been underwater so long that I'm beginning to grow gills), I'd probably move on. Twelve months+ out, I think CPQ will do well. I have no clue as to what these guys can say tomorrow that will enhance the share value, but if I had to guess, I'd say that the stock will gap down, recover, and then just hang in the mid to high 20s for a looooooong while(I hope I'm wrong). In short, I'm disappointed, but will continue to hold. Only my opinion, El