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


To: daaan who wrote (52500)3/10/1999 10:54:00 AM
From: JDN  Read Replies (2) | Respond to of 97611
 
Comeon people, give me a break. CPQ has been under nearly constant ATTACK by CNBC over lies and inuendo. Now the market is filled with uncertainty about the stock. The truth will out about the end of April. Until then, stock likely will falter, BUT if it turns out CNBC was WRONG and CPQ comes through for us it will very likely soar back to its previous position. If you dont have faith in the Company you really ought to sell. I could never own a stock in a Company where I thought the management was suspect. JDN



To: daaan who wrote (52500)3/10/1999 10:54:00 AM
From: trouthead  Read Replies (1) | Respond to of 97611
 
INTC is off a little over 20% from its recent high of 143. CPQ is off 37%. The extra 17% is due to a lack of faith in the company because over the last year and a half they have not grown. Why didn't they grow? Because they decided to bite the bullet and change the direction of a tanker. It takes time to do this.

I am betting that this is over done. I don't think they will have startling earnings. I have already guessed at .33. But I do think that the scare going on right now is hype.

jb