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Technology Stocks : Compaq

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To: ed who wrote (9333)11/22/1997 12:03:00 PM
From: hpeace  Read Replies (1) of 97611
 
I posted the sales per country two weeks ago and it agrees with the
report posted...

Cpq does not leave it's currency management to amatuers that are working for the compnay.
They contract out the job to pros in currency hedgeing.
they also play it extremely safe.
In other words in Japan they would lock in a small loss to gaurantee
they have zero exposure.

If you will check their 10k,10q's it will bear me out on this..
taking an extemely small loss to make sure they are covered.
They aren't like what Dell did in 1993 or 94..gamble alittle and
even get into deriatives that are so complex you can't compute
how you stand without 10 crays clustered together<gg>

Disclaimer: I post this information and other pieces of information
purely in the spirit of SI. I can help on CPQ. I go to other threads where I don't have a close relationship and I benefit from those who do. I also know that in the 16 months of SI. It rubs a very very very few people wrong that I speak with authority on some subjects.
Since MIS mgr's at cpq were involved in absolutely everything and so we were privy to allot of info. They reported to the CFO and the Sr VP's both....so, they were there when most the things happening now
were decided. There are no other reasons here....
I beleive in sowing and reaping..I sow on this thread and I harvest
on other threads. I sorry if my "I was there and this is what really happened ticks some off....But, I'm not one to let those not there write the history books"
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