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Technology Stocks : Compaq
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To: Lucinos who wrote (12312)12/30/1997 4:29:00 PM
From: Frank Zhang  Read Replies (1) of 97611
 
To all:
CPQ's problem is its addtional 1 Billion shares issued at the same time of stock split. I don't understand the latest stock split, its purpose is to cover up the additional stock issue. And also, the CEO's goal of 50 billion revenue in 2000 is also a sign future acquisation. That is why CPQ stock price has been under addtional presure recently.

Frank
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