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Technology Stocks : Compaq

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To: Tomcat who wrote (49901)2/26/1999 12:39:00 PM
From: Lynn  Read Replies (2) of 97611
 
Tomcat, the *employees* of CPQ are contributing to this back end loading. At least some of them have been telling people who call to make purchases to consider holding-off until machines with the new chip are available. You write:

>Also, most customers have probably been reading Intel's
crap on how great Pentium III is going to be. So they are waiting until March to buy.

Well, last week I telephoned CPQ for a neighbor who wanted to buy a Prosignia but wanted me to make the call for him [he and his wife came over to my house for the call]. Having decided they only wanted a 350, I saw that it was no longer available on CPQ's web site.

Calling CPQ, I asked the person I got in the order department if 350 machines were available and he told me CPQ was no longer selling them and that I might want to hold-off buying a PC for another 10 days [putting us into March] because Intel was coming out with the Pentium III. The way he put it, given how soon the PCs with the new chip would be made available, I should seriously reconsider a purchase right now. He said I could very well decide later I should have waited and bought a Pentium III machine.

At the time I never even considered how this CPQ employee's advice might translate into the mess right now.

BTW, my neighbors decided they did not need the "latest" technology and went with the 400.

Lynn
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