SI
SI
discoversearch

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 ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: William Hunt who wrote (23983)4/6/1998 6:53:00 PM
From: Eddie Kim  Read Replies (2) of 97611
 
>>ALSO THE FACT HE KNOWLINGLY DID THIS WHILE USING HIS STOCK OPTION'S DOEN'T MAKE FOR A LOT OF TRUST INN MANAGEMENT . <<

I assume you mean E.P. Anyways, how can one be so sure that Compaq's inventory was due to stuffing? IBM and others reduced their prices far more than Compaq execs anticipated; thus, resulting in lower sales of their own machines. Furthermore, I believe, IBM and HWP have been swift in reducing prices when compared to previous years. All this must have played some factor on Compaq's inability to move its products. It was just last quarter that E.P. was boasting about Compaq, and they moved the year 2000 target up 10 billion dollars. I don't think he would have done either if he knew the seriousness of the inventory problem.

As for the options, How many did E.P. cash in and what were their expiration dates'?

-Eddie
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext