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Technology Stocks : Compaq
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To: John Koligman who wrote (73424)12/8/1999 2:22:00 PM
From: rupert1  Read Replies (1) of 97611
 
John: I think the "western" European population is counted as between 250-300 million. But the population of the community will be expanded over the next few years with the addition up to 21 new states such as Turkey. Then, there is eastern Europe - Russia and its satellites.

The market caps are scary. I was listening to an analyst this morning who thought that good earnings will prevent a crash but there will be a long period of consolidation and some of the second tier stocks will make some progress while the leaders stall.

Looking at CMGI in the few months since COMPAQ invested its AV billions in it, you wonder why COMPAQ longs didn't have the courage of their hindsight convictions in CMGI, and follow Rosen lead. They obviously would have been better off to have cashed out their COMPAQ holdings and buy CMGI. But maybe they think that CMGI is too risky for their own money!
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