Compaq Computer Corp. gave the stock market a big scare Tuesday. The company said it would miss earnings estimates, and the stock lost about one-fourth of its value. There was fear this might be the start of a real technology slowdown, but when Intel’s earnings beat estimates that fear dried-up.
Loading ...
Compaq’s Internet Problem
Posted by: Dana Blankenhorn April 15, 1999 12:00 AMCompaq Computer Corp. gave the stock market a big scare Tuesday. The company said it would miss earnings estimates, and the stock lost about one-fourth of its value. There was fear this might be the start of a real technology slowdown, but when Intel’s earnings beat estimates that fear dried-up.