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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: MythMan who wrote (48010)6/18/1999 12:24:00 PM
From: NickSE  Read Replies (2) of 86076
 
COMPAQ IS AT LOSS; 1ST TIME SINCE '91
nypostonline.com

Compaq Computer Corp. angered Wall Street yesterday when it held a conference call to warn that it will post its first quarterly loss in eight years when it reports second-quarter earnings in July.

Analysts, well aware of Compaq's continuing problems, were outraged not by the news itself, but by the manner in which it was delivered.

Those who participated in the call characterized it as "tense," "testy," and "fraught with uncertainty".

"They really didn't give us any guidance and I suspect that they alienated all of us on the call," said Lou Mazzucchelli, an analyst with Gerard Klauer Mattison. "They were testy, and refused to answer the questions we needed answered," such as who will replace CEO Eckhard Pfeiffer.

[...]




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