Compaq Message Board - Msg: 2809223

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Technology Stocks : Compaq

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To: hpeace who wrote (9497)	11/24/1997 7:25:00 PM
From: Keith Howells	Read Replies (2) of 97611

Steve, The last time Fidelity sold their tech investments their fund did lousy for a year. It wasn't Vinik at the helm, it was some other guy. He moved Magellan into bonds from what I understand. He quit to start a fund of his own. On another topic, Michael Dell on Moneyline right now. Reiterates same things Pfeiffer does. Asia a small part of sales. Components cheaper. Europe good. Growth to continue etc. Was asked about the sub zero PC. Said after you add all the bells and whistles on one of them you have one that costs about the same as one of his low end machines. Tried to hedge his answer, but it doesn't sound like he's ready to move into the market yet BUT he is absolutely aware of it. -Keith-

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