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


To: Tin who wrote (53974)3/18/1999 4:45:00 PM
From: Kenya AA  Read Replies (3) | Respond to of 97611
 
Tin: I think we're just going to bounce between 30 and 34 until CPQ either talks or reports. I think Kumar may have helped CPQ here a little - earnings expectations are now in the toilet and there is little downside risk there. The rest of the market was pretty strong so that helped to cushion the blow of the estimate cut. I think CPQ will blow out of this base to the upside when definitive earnings news is out either because earnings weren't as bad as we feared or they are actually pretty good. But what CPQ's outlook is for the rest of the year will be more important than this quarter's earnings.

K