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Technology Stocks : Compaq
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To: Roads End who wrote (33680)10/2/1998 8:47:00 AM
From: rudedog  Read Replies (1) of 97611
 
Steve -
My understanding is that the write-offs were very conservative. CPQ had already taken a big stock price hit and had already given guidance that 2Q was in the tank and 3Q would be transitional, what would be the point in playing games with the writeoffs? I think this guy is smoking dope, I have heard nothing about any SEC investigation. CPQ bought DEC for the service and technology capability, not to play accounting games.
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