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Technology Stocks : Compaq
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To: dper who wrote (57128)4/12/1999 7:58:00 AM
From: rupert1  Read Replies (3) of 97611
 
On the Yahoo Club Thread she_x has been reporting on her weekend soundings from stunned COMPAQ employees. There is speculation that the decision was made to "write-off" 1Q when it was realised that it was not going to meet expectations, on the theory that we might as well be hung for a sheep as for a lamb. Managers may have been told to pile as much of their costs into 1Q bringing them back from 2Q. There was even the suggestion that some of the heavy March sales have been pushed forward unto 2Q books, and that 2Q is looking good, so far. According to her soundings there is near universal support to dump Mason but still strong support for EP. As usual she_x reports this as gossip or rumour even though it comes from COMPAQ Houston employees.
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