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

To: Elwood P. Dowd who wrote (57064)	4/11/1999 10:40:00 PM
From: hlpinout	Respond to of 97611

Sorry El, The registration is free:http://www.ft.com/. For some reason I cannot cut and paste. Here is the synopsis: Headline: Compaq Profits Warning to Hit Stocks U.S. markets are braced for a fall in high technology stocks when trading resumes today following the bruising profits warning issued late on Friday by Compaq.... Compaq blaming lower than anticipated demand and increased competitive pricing in the pc sector.... The Dow Jones , whose components include IBM and HP, is also likely to be affected in the short term. But they (analysts) were divided on how much longer term damage Compaq's warning would do to the broader investor sentiment in the U.S. an internationally.... Asok Kumar, tech analyst at Piper Jaffray said " In the short term, there is a lot of concern and a lot of scepticism (sic). You will see some trading down in sympathy, but I think sanity will prevail when Intel reports".... James Cramer, a hedge fund manager said "These problems are peculiar to that subset of tech which is personal computers. They do not extend to the web, or to networking, or to bandwidth, the prevailing themes that were working in the market".

To: Elwood P. Dowd who wrote (57064)	4/11/1999 10:57:00 PM
From: Jorge	Read Replies (1) \| Respond to of 97611

DO YOU THINK THEY WILL FINALLY FIRE ECKHARD PFEIFER?...How much of this do you think is due to the head honcho, or the head honcho(s) at CPQ? Regards, George