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

To: Jason Ellis who wrote (27564)	6/12/1998 3:49:00 AM
From: Dwight E. Karlsen	Read Replies (3) \| Respond to of 97611

Jason, re "it can't go any lower." Surely you didn't mean that literally. CPQ is evidently making zero profit for the first six months of 1998. That's zip, zero, nada, as in nada thin dime in profits. People can be forgiving of one blown quarter, in the hopes that the company can get things back on track. Two quarters of zero earnings and people begin to lose heart for the battle. I'm not long or short CPQ. I've stayed far away from CPQ ever since profits evaporated in Q1 1998. Just for the fun of it, here's my guess for Friday's action in CPQ: 32 million shares trade hands, with CPQ ending Friday at 25 3/4.