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Technology Stocks : Compaq

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To: Elwood P. Dowd who wrote (52719)3/11/1999 8:55:00 AM
From: rupert1  Read Replies (4) of 97611
 
El: I saw how he tried to deflect the question but I think he did answer it. To me he was implicitly conceding that if the concerns about PC's going forward are substantial, it will not affect his company too much because he has reduced PC's to 10% of their product lines. But he did say that he had a nice programme going with CPQ and they had not noticed any slowdown, yet. There was some wriggle room to the extent that he may have meant no slowdown in their overall revenues from all product lines. But I think he would have said if there had been a slowdown in computers and then said that it was offset by other sources of revenues.
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