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Politics : Ask Michael Burke

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To: Earlie who wrote (52423)3/18/1999 5:50:00 PM
From: Dale J.  Read Replies (2) of 132070
 
Earlie,

I agree. CPQ is struggling big time. It will likely be death by a thousand cuts for CPQ investors. Bear Stearns used the term "Channel dislocation", and said the problem is just temporary. Yeah right! They sure are getting creative with their excuses.

As for SEC, you are right on. All bark and no bite. CPQ is one of the worst offenders. They show absolute disregard for their small investors. I believe somebody on the CPQ thread called Investor Relations at CPQ to inquire about the Bear Stearns conference and IR replied they didn't know anything about it. The Wall Street Journal recently raised questions about CPQ favoring large investors and analysts. Heck I remember reading about the same concerns in USA Today about a year ago. It looks like a repeat performance from CPQ. SEC is a paper tiger, and many large companies just ignore SEC regulations when it comes to disseminating material information.

Dale
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