Mikey-- Yes there are a few with a brain and decent vocabulary there-- though in a minority. Who would wait 4 years on anything to turn in todays mkts. This guy has some good points beginning with the end <<"Don't leave at the intermission.
Once the intermission ends you will be paying a whole lot more to get back in.">> Which is fine for those that do not mind missing great gains and coming back later. Why care about the bottom 20% or top 20%,, take the fast 60% from the middle,, the problem with cpq is it has no middle that can be determined unless it is the 25 - 29 range and not worth playing. <<"up 1 1/2 since the begining of the year. Just not
a big deal.">> This is a real understatement and why cpq is no big deal with no interest. <<"Expectations are so low for this company (10-12% earnings growth) that it can be achieved through simple cost
cutting.">> How true-- why are they putting it off? Execution!
All in all he is saying they are a good company and no one disagrees. He is looking for execution that has not happened or moved at a pace that indicates mgmt execution sux. But this <<" Frankly, a dissapointing qtr, if there is one, just isn't a
big deal. Recent history shows earnings warnings are buying opportunities. They help to get some of the hot
money out of a stock and keep expectations low.">> Is pure BS! Esp since cpq never surprises with a bad one but from this price level with the small amount expected it would indicate there is no one at the helm but are spending too much time overseas on the party scene,,, |
