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Technology Stocks : Compaq

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To: E_K_S who wrote (63163)6/16/1999 12:18:00 AM
From: Eddie Kim   of 97611
 
I bought some CPQ today.

I figure the new CEO doesn't have to show any growth. He just has to turn a profit to take this stock back to $40. Take a look at what Gerstner did at IBM his first 5-6 years. Does anyone see any real growth except in the services department? Nope. Gerstner just cut the fat. Reorganized the house. And presto the stock was rocketing back up. To some extent Steve Jobs is doing the same thing at Apple right now (except for his iMac concept).I figure that's what the new Compaq CEO needs to do to get this whale back to sea.
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