Compaq Message Board - Msg: 3598406

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Technology Stocks : Compaq

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To: Elwood P. Dowd who wrote (19265)	3/4/1998 2:53:00 PM
From: Andreas	Read Replies (1) of 97611

Talked to my broker briefly 1/2 hour ago. He said the word on the street is not to touch cpq with a ten foot pole - not yet. When I asked why he said the consensus is cpq is going through a metamorphosis in the short term. CPQ is becoming a different company with lower margins; increasing product lines. He said - the industry (brokers/analysts) is not sure what the hell cpq is trying to do; where they're going or where they are likely to be in the near future. DEC purchase is a major problem with rumors that DEC's quarter will stink - some of DEC's customers are bailing to the competition and CPQ is now buying something less than when they announced the deal. They're recommendation - leave it alone until the dust settles and somebody can figure out where cpq is going to end up. Too worrisome right now - better places to make money. I asked where and he said dell. What you see is what you get he said. No surprises there he said. He expects that cpq stock will slowly dwindle to the $25 - $27 range as demand dries up in the short term. I told him that's crap because I paid more and therefore deserve better. He laughed and said to check on cpq in the fall.

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