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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT -- Ignore unavailable to you. Want to Upgrade?


To: limtex who wrote (3824)4/10/1999 11:05:00 AM
From: Sawtooth  Read Replies (1) | Respond to of 29987
 
<<Any views on the CPQ after hours bombshell? Is the market toast on Monday?>>

Possibly, but I think it's a toss up. Stunning to see that CPQ closed up almost 1 1/2 pts (~5%) Friday. Estimated profit shortfall must have been a well guarded secret. No secret, though, to most that box sales have been under pressure. Street could just accept it as business as usual for the box makers or toast Dell, Cpq, and Gtwy. Or market could use it as a reason to let some of the air out of the balloon.

One thing's for certain; we'll all find out! ; )

See you Monday.