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Technology Stocks : Compaq
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To: MeDroogies who wrote (93872)11/28/2001 2:06:56 PM
From: Elwood P. Dowd  Read Replies (1) of 97611
 
In the personal-computer category, No. 1 Dell Computer has had to contend with the slow-motion collision of two garbage trucks known as the Compaq Computer (NYSE:CPQ - news)/Hewlett-Packard (NYSE:HWP - news) merger. Right after the deal was announced I characterized it in a column as ``assisted suicide for corporations'' — and since then major H-P stockholders representing the Hewlett family's interests have come to have similar concerns. The prospect of the deal's coming apart has lifted H-P's stock by 12.7% since my column about No. 1 companies — compared to a 6.35% gain for Dell, and a 2.26% loss for Compaq.

Since the Sept. 21 market bottom, Dell is strongly in the winner's circle with a gain of 59.2% — compared to H-P's gain of 35.7% and Compaq's gain of 19.1%.
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