Compaq Fails to Hold Earlier Gain; Other Boxmakers Falling - TheStreet

Compaq

(CPQ)

jumped after the company issued a positive forecast, but the gain faded and the stock was down 2.7% at midafternoon. Chairman and CEO Michael Capellas said in a speech that the computer maker remains confident it will see double-digit revenue growth in the second half. Other computer makers were down as well. The

Box Maker Index

(BMX)

was down 1.8%.