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Technology Stocks : Compaq
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To: Elwood P. Dowd who wrote (77850)2/9/2000 11:09:00 PM
From: Andreas   of 97611
 
G&A alone can make the difference!

If CPQ is successful in reducing G&A by 10% ($200 million) and with 1.693 billion shares outstanding, cpq will be able to pick up .12 per quarter alone (.48 annually). You can rest assured that by hacking and chopping and putting the check book away cpq can certainly realize a 10% reduction in g&A. The question is whether or not there is a sense of urgency to make those cuts. After all, g&a cuts hit the suits the most.
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