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Technology Stocks : Compaq
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To: samoyed who wrote (14655)1/22/1998 7:45:00 PM
From: robbie  Read Replies (2) of 97611
 
"Theoretically they beat the [earnings per share] number by a penny, but they didn't beat the top line revenue number," said Jeff Matthews, general partner, Ram Partners, Greenwich, Conn. "That is the important thing. Given the level of [channel] stuffing they did, it was like they cheated on the exam and still didn't get a good grade."

I wanted to post this before the channel-stuffing rumors get started again. This is the same idiot that was quoted on the thread earlier. Compaq just proved once and for all they weren't stuffing the channel and check out his spin. Sure wish I could get him to handle my money for me. <gg>

Robbie
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