Barry, >>>>re: "Since achieving the top position at Compaq in 1991, Eckhard Pfeiffer appears to have executed flawlessly as CEO."<<<
>>> You've got to be kidding.<<<
Okay, I don't quite understand it. I took a superficial look and found top line growth since Pfeiffer took over went from $3B in 1991 to nearly $23B in 1997.
Wall Street must think he is doing a tremendous job, why else would they reward CPQ with PE of 25+ on Net Profit Margin of 8.7% and market share in the teens. Whereas INTC has margins over 25% and market share near 90% and lots of real technology and PE only in the high teens.
It seems like almost anybody could be a boxmaker: Acer, Legend, NEC, Sony, Samsung, Bull, Nixdorf, Olivetti, Fiondella ....
The barrier to entry is maybe a screw driver or a leatherman at most.
Tell me more about this,
Mary |
