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Technology Stocks : Compaq

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To: Night Writer who wrote (86719)11/13/2000 8:56:57 AM
From: Elwood P. Dowd   of 97611
 
NW.... David Faber says that HWP's revs looked fine but that the bottom line was hit by higher commissions, the acquisition that they made, the hiring of a bunch of new people(that were out of work and apparently too good to pass up)that came available from the dot com companies that fell by the wayside, and finally and most significantly they got caught in a currency crunch having been hit by the Euro and the Yen.
Maria said that Steve Mulanovich listed stocks/companies that he felt would be safe in this environment or at least first to come back and CPQ was one of those named. DELL, HWP, IBM, GTW, and so on were not on the list. El
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