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Technology Stocks : Compaq
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To: Aitch who wrote (43499)1/14/1999 9:13:00 AM
From: Kenya AA  Read Replies (1) of 97611
 
I concerned about Salomon's downgrade of AAPL this morning as reported by Maria a while ago. They cited CHANNEL STUFFING as a problem. I realise that this has nothing do to with CPQ BUT we may see some sellers of the "shoot first and ask questions later" ilk this morning. Could be a buying opportunity. I don't know much about the way the channel works but does this blurb from IBD seem to contradict the stuffing worries about AAPL?

'AAPL's inventory at the close of the quarter was enough for just two days of orders'

Any thoughts??

K
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