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Technology Stocks : Compaq
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To: hpeace who wrote (1136)12/10/1996 11:33:00 PM
From: michael c. peterson   of 97611
 
Steve, I understand what you are saying about CPQ's model,but it is hard for me to digest. My main reason for that is everybody has been saying that PC sale are going to the moon and that is far from it.I beleive that CPQ has a plan to offset some of the blow but they cannot escape the fact that PC sales has fallen to 16% form around 30% yr over yr. I have to question CPQ intergrity when they and others say that consummer sales are going gangbusters when even the bulls and CPU,Circuit City and others have given up on that senario....MP
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