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Technology Stocks : Compaq

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To: Captain Jack who wrote (62676)6/9/1999 12:12:00 PM
From: John Koligman  Read Replies (3) of 97611
 
Maybe they will elect to cut and take one large writeoff. I'm thinking back to IBM in 1993, when the new CEO came in IBM took one rather large writeoff of 8 billion dollars and basically threw everything but the kitchen sink into that particular quarter. Things began to improve after that.

Regards,
John
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