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


To: rudedog who wrote (57490)4/12/1999 10:34:00 PM
From: harkenman  Respond to of 97611
 
How low do you estimate for CPQ shares go? To miss revised earnings by 50% sounds bad. Is $20 a fair price?

After Friday's market close, Compaq said it would earn 15 cents a share for the quarter, below First Call's target of 32 cents. It projected sales of $9.4 billion, $100 million to $400 million short of analysts' estimates. A year ago, Compaq earned 1 cent share on $5.69 billion in sales.