SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Compaq
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: rupert1 who wrote (59290)4/22/1999 11:19:00 AM
From: jim kelley  Read Replies (2) of 97611
 
Victor,

Let us go through this once again. 20 +32= 52
42+16=58. Thus, for the 2 quarters I was low by 6 cents per share.
On the other hand most of the people here gave consensus figures which were 42+35= 77. So the joke is on you Victor.

My position has been that CPQ could have made its 32 cent number if they could have stuffed the channel again. But instead CPQ internal inventories are 4.8 weeks and their external inventories are 4 weeks for a total of 8.8 weeks. Additionally, their accounts receivable jumped up on lower sales indicating that they had to make deals to get some of the channel to take stuff. This may come back against them in the form of price protection writeoffs. One reason their margins are reduced is that they suffered from price protection due to their Q4 bloat.

Not a pretty picture!

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News