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Technology Stocks : Compaq
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To: OverSold who wrote (63638)6/18/1999 11:32:00 AM
From: jim kelley   of 97611
 
Any real recover in CPQ is probably a year to a year and one half from now. This restructuring will be continuing for many more quarters.
CPQ will emerge a much smaller but profitable company. They need to cut out the profitless parts of their business. It is pruning season.
DEC was too much to swallow. DEC would not have sold out if they had seen a way to recover.
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