Compaq Message Board - Msg: 3657175

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Technology Stocks : Compaq

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To: Mike Gordon who wrote (20813)	3/10/1998 12:43:00 AM
From: Challo Jeregy	Read Replies (1) of 97611

Mike, Eddie found a bit of news that might explain the write-off situation: . . . Mason said Compaq decided to "take an additional pricing and promotional reserve" and "cut back on the number of older products we were putting in the channel." The CFO wouldn't say exactly what extent the company was cutting back commercial PC manufacturing, but he described it as "fairly dramatic." The company is only manufacturing newer products, he said, as it phases out the older. Mason said these actions would prevent Compaq from taking an inventory write down during the first quarter. . . Check his post #21160. Regards, Challo

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