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Technology Stocks : Compaq

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To: Steven N who wrote (59694)4/23/1999 12:11:00 PM
From: FloydP  Read Replies (1) of 97611
 
I don't know anything about the Blackburn Bridge but I do love the
looks of a clean balance sheet. CPQ certainly has that with 3 Billion in cash and NO LONG TERM DEBT. Too bad they didn't want to
do the normal end-of-quarter channel stuffing like most other Box
makers or they would have met their number.

My biggest criticism of CPQ was the purchase of shopping.com for major bucks. Seems to me there were better choices out there.
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