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Technology Stocks : Compaq
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To: Elwood P. Dowd who wrote (92336)7/26/2001 12:04:24 AM
From: Andreas  Read Replies (2) of 97611
 
Elwood and Thread;

Whether it be fair or not, I am convinced that the jack-asses that run a lot of public companies (MC included) really don't know their rear ends from a you know what. By way of example, one of my clients is a manufacturing company with about $20 million in sales (automotive no less) with a net profit of $2.8 million in 2001!!! Extrapolate to cpq for a moment. With $8.5 billion in sales cpq would have had to earn a profit of over $1.3 billion to match their performance!!!!! In the late 1980s and early 1990s I was one of a handful of principals in a tier one automotive supplier that earned a net profit of no less than 10% on sales even during the recession of 1990/91!!! MC wouldn't know how to tighten his belt if his pants were falling down!! He's frankly a complete j____ a__. I guess he's all you get for $29 million!!!
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