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Technology Stocks : Compaq

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To: StockMan who wrote (19955)3/6/1998 5:22:00 PM
From: Joey Smith  Read Replies (3) of 97611
 
Stockman re:Looks like CPQ shot themselves in the foot, with all those price cuts, and their
pioneering of the sub-1000 pc. I sure hope that they haven't shot themselves in the
head too.

You're right. Cpq was making money in sub-$1000 a year ago because they're were no other players. Now, very little profit margin with cut-throat prices. Cpq should've been pushing the higher-margin systems which they they have neglected.
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