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Technology Stocks : Compaq

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To: Satyr who wrote (24857)4/23/1998 5:13:00 PM
From: Joseph Francis Torti  Read Replies (2) of 97611
 
No he right. They do a stock split at $50.00 And then they are buying some shares back now, that they lost 385 millions in the last quarter compare to the year ago quarter. It doesn't make sense. You buy back shares when you are making shit load of money like Dell. You don't buy back shares after selling 400 million more in sales ( or giving it away for free) and losing 385 millions profits in three months.
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