Compaq Message Board - Msg: 3775500

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Compaq

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: grogger who wrote (22648)	3/19/1998 11:43:00 PM
From: Jerry Hall	Read Replies (1) of 97611

I would not be surprised if they have overstated the problem so that they can show a small profit for the quarter. They knew about this problem long before the pre-announcement. They made the announcement on Friday after the market close, and on Wednesday I get a nice six page color brochure with all the business computers they have on sale, complete with lease payments. From my experience it takes two weeks for the printers to even make a brochure like that. This has all been pre-planned. Secondly I think a lot of funds that don't want to have cpq in their portfolio at the end of the quarter will be buying it back after the new quarter starts. If cpq is right and only the first two quarters are flat, and the stock price is around $20 the funds will not wait until the 3rd quarter and pay $25 plus. All the experts from the research departments were telling us everything was ok after these sale brochures were already in the mail. jh

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next