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


To: rupert1 who wrote (52937)3/12/1999 3:02:00 AM
From: rupert1  Read Replies (1) | Respond to of 97611
 
IR reiterates it story. From the Yahoo Club Thread.
______________________________________
talked to CPQ IR
orangebull
(45/M/Spring, TX) Mar 11 1999
3:59PM EST

A quick call to CPQ Investor relations revealed the following:

* According to the young lady that answered the phone, there will not be any pre-announcement or earnings warning......they expect to meet expectations of $0.33/share.

* Their story (and they are sticking to it) is that EM was commenting on the industry in general and not trying to give any guidence to lower CPQ earnings estimates.

* They did not do a press release to correct the over reaction because within a day or so many analyst had already lowered expectations......she said they felt they should juct remain silent and let the earnings do the talking.

* She said she does not have any info on AV.

* She said that 1Q earnings would be announced after 4/15/99

Since CPQ always seems to annouce before the bell on a Wednesday I guess this would indicate earnings will be announced 4/21/99.....the day before the shareholders meeting. Anyone else have a date for 1Q earnings?

OBull