>>PP Bravo: Be my guest. Sell COMPAQ and buy DELL. Better still do your own
due dilligence and don't rely on opinions expressed here or anywhere. (Especially
don't put your reliance in someone who aggressively stated several times in
December that COMPAQ earnings per share would be 20 cents - instead of the
actual 43)<<
Victor:
My lament was not directed at the contribution you make to this thread, nor was to expound Kelley's credo. However, it comes to the point where one must face reality. If this thing languishes in the low low 30's while its peers march on, there has to be a reason. And that reason, I believe, goes beyond just earnings -- somehow I don't believe that if we had reported 20 cents instead of 43 we would be worst off today. It's obvious that the Street has neither respect nor sympathy for this thing. Therefore, all the due diligence in the world cannot compete with a company run by two incompetent buffoons. Two idiots totally void of any integrity or respect for shareholders. I did my due diligence for nine months before making this thing my core holding (at the expense of some excellent stocks I might add) in early December 1998. All indications at that time were that the corner had been finally turned and good things were in store for the future. I looked like a genius until earnings' day; then, within two/three weeks we're down 40% -- no explanation from the company, the only words we got were uttered by Earl the Pearl. In summation, as much as it hurts to admit it (again), I would have been spared a lot of financial and mental pain if I had put my "reliance in someone who aggressively stated several times in December that COMPAQ earnings per share would be 20 cents - instead of the actual 43."
On to something more enjoyable, what is your take on Wednesday's match between United and Juventus? Juventus has had United's number over the years, what is the feeling over there this time around?
PPB |
