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Technology Stocks : Compaq

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To: paul who wrote (83177)7/2/2000 11:36:02 PM
From: John Koligman  Read Replies (2) of 97611
 
Paul - IBM's Gerstner still has a couple years on his contract and till he turns 60, which is IBM's 'mandatory' CEO retirement age. The guy who built IBM's services business, a gent by the name of Sam Palmisano appears to be first in line at this time for the CEO slot. So, I doubt Lane is going to IBM. As for T, well, Armstrong is on the hot seat with the stock just about cut in half over the past few months. I would not mind it as I have just started to build a trading position in T this past Friday, but I have no idea how strong Armstrong's position is at this time.

Regards,
John
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