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Technology Stocks : Compaq
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To: Loki who wrote (46163)1/29/1999 4:07:00 PM
From: rupert1  Read Replies (1) of 97611
 
Loki:

It is important to remember that CPQ's rate of growth, and absolute increase in sales, is measured against the 4th quarter '97 when the channels were stuffed. In other words, the current performance, as stated, is very good, but would have appeared statistically even better if the comparison had not been with exaggerated numbers from last year but with the lower truer numbers from last year.
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