NW --- there have been lots to bitch about with CPQ. Price drop, EPS disappointment, Shit*y mgmt. and the list goes on. There has been no price drop since April. CPQ's price has been in the sewer since then. There has been nothing to celebrate as it has not risen to any kind of an acceptable level. It looks like it wants to be a $20 issue forever and MGMT has no probem with that. Add the fact either MC knows the area of the EPS by now or is not qualified to hold the position. The lack of a CFO is a draw back and CPQ may be looking at the OJT guy as possibly no one wants that job either. There really has not been a damn thing to be excited about with this crappy stock. As the year ends and tax sales are made people get a little up tight. Most do not enjoy some of the biggest runs in mkt history and their net worth lower than last year. I just try to get others to lighten up a little as I bitched enough most of the year. If I were to go into detail on my thoughts of this truely piece of shit stock it would only bring the depressing facts to the minds of others during this holiday season.
Glad your wall is coming along nicely. Anything is more interesting than cpq's rediculous price moves.
IBM was 85 not long ago. The problems it is having have had a smaller effect on it than cpq's problems did to it. IBM will return to its highs long before cpq gets near theirs. If cpq had anything good to say that could indicate they are not in the same position it should be out tomorrow. If they do not have anything good to say then it will be hit and deservedly so as it is a considerably weaker stock. If they do not know either way they should find other employment. Many are looking to add ibm on dips,, not the same can be said for cpq but many are looking to bail cpq on any small rise. There are tech few companies, even those with problems, with as weak a stock as cpq. Even though it is in a poor performing sector and attempting to change many things few really believe anything will happen soon, fewer want to gamble on MC, other sectors are running as cpq cannot even move. It now looks to many as cpq will be little more than a trading issue in the 20 range,,, however unless people do more than watch the tape and SI that will not come to them. The stock price will see action at 22 - 23 as traders arrive, It will also see action at 25 - 27 as traders get out and take some of those that bought in the teens - low 20s as they get disgusted holding a decent profit but while others continue to move up. Unlike most of those here in love with cpq I look at it without rose colored glasses and do not see much in the near future. Do not blame IBM for the short comings of cpq and mc... with luck it will drop below 100 and I'll add more with the cash from some of my cpq losses.. but atleast some of that will go... |
