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Technology Stocks : Compaq

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To: Elwood P. Dowd who wrote (78531)2/20/2000 1:52:00 PM
From: Captain Jack  Read Replies (2) of 97611
 
El-- not much being said about this any more. Thankfully, CPQ is far from being classed as a leader with only 5 or so,, Sunbeam has about a dozen now and I believe LU has more also. Maybe they are close to being completed also,,, just another charge as a cost of doing business...
Compaq Computer: Five class-action lawsuits by investors who purchased
shares July 1997 through March 1998 were consolidated in federal court
in Texas. More class-action suits were filed last year on behalf of
investors buying stock during 1999. The suits allege Compaq misled
investors and inflated its stock value. Status: Most of the suits are
pending.
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