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Technology Stocks : Compaq

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To: Night Writer who wrote (96654)3/30/2002 8:31:10 AM
From: Elwood P. Dowd  Read Replies (3) of 97611
 
From The Zoo:

Very Important notice
by: susu2131 03/30/02 03:34 am
Msg: 115831 of 115840

It will be amazing what will be the end result of this mess

I have two friends working with two major resllers of Comapq and HP as well as others. They told me that compaq and HP, last quarter, stuffed these resellers with all kinds of machines and servers (in thousands). HP and Compaq last quarter and this quarter, is asking those resellers to sell even at 30% discount.

The problem is that these discounts will not appear excpet after some time, most probably the quarter after, as Compaq and HP will be paying back end money or you can say rebates back to these resllers. But for the time being these sales are being shown on the existing quarters as full sales, the 30% discounts will appear after some time.

I know that this is a normal practice , but a 10 % is accepatable , not 30 %

All what they wanted is the merger to pass, and then, the bad smell will be very bad

This is really amamzing, wake up shareholders. unitil now I did not care about thismerger, but now go Walter
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