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Technology Stocks : Compaq

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To: Mohan Marette who wrote (12286)12/30/1997 6:29:00 PM
From: Harry Landsiedel   of 97611
 
Mohan Marette. Re: Consumer confidence. I agree. This is very good news for computers and the economy. I think much of the gloom and doom crowd has overdone it.

Intel did a study which showed a strong link between consumer confidence and computer purchases. My recollection was there may have been a lag of a month or a quarter, but the information is over two years old so I'm vague on it.

The other number that stuck in my head was a survey done by Manpower Inc., which showed that small businesses were more bullish about hiring than in any time in the past 20-25 years.

Here's to a Happy New Year for all, especially CPQ investors.

HL
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