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Technology Stocks : Compaq
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To: Jacques Tootight who wrote (29188)7/15/1998 12:16:00 PM
From: Islander  Read Replies (1) of 97611
 
Haven't been following this thread too much but could it be that the mgmt. can manipulate the #s based on write-offs related to DEC and therefore control the earnings? However, they cannot alter the revenues which were not up to par and hence the resulting sell-off? This is my theory until shown otherwise. btw, I sold my last position in CPQ around the DEC buy-out news this spring.
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