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: Elwood P. Dowd who wrote (25010)4/26/1998 11:46:00 PM
From: Seyda  Read Replies (1) of 97611
 
WSJ ran a similar story...Here is the synopsis:

Compaq CEO Eckhard Pfeiffer is taking aggressive steps to clear out unsold inventory -- he shut down the company's North American plant for the first two weeks of this month to allow dealers to time to move the merchandise they'd accumulated. Pfeiffer's goal is to trim dealers' inventories to just two to three weeks' worth of goods by the end of the second quarter. In addition, Pfeiffer has imposed a hiring freeze to cut its workforce by 1,000 employees, and plans a stock buy-back of up to 100 million shares. (Wall Street Journal 24 Apr 98)

Regards
Seyda
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News