Formerly MNPI, now CPQ Message Board

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Technology Stocks : Formerly MNPI, now CPQ

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To: R.K. who wrote (313)	11/1/1996 8:34:00 AM
From: TWL	of 650

I disagree!!! The management is quite positive about their future and have indicated that the transition to the OEM business is a year ahead of schedule. They have also introduced many new products to secure sales growth for the future. The have also said that their OEM customers will be extremely pleased by their component of MNPI products. However, I would agree that credibility has been lost to wall street. The company now needs to show a good Quarter. I'm estimating that we will see some progress this quarter, but the real growth will be next quarter. The other problem is that we are in the "meat" of tax loss selling season. The stock is being held back right now because of that!! With the book value of the stock at $6.50, I find it hard to believe that the downside risk is much and based on their prospects, it should not have much trouble holding its own. Athough, I must admit, big sellers can always depress prices on a short term basis. If this happens, buy some more of the stock. Average down and enjoy the ride when it comes back. Don't let this short term problem scare you away from a good company. Times will be better soon particularly as the 56.6kp modems come on line. Good Luck

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