Howie: I realise I'm just a rhetorical sounding board for you and others, but just in case anyone takes it seriously, I do own other stocks. This is my "home" board and the one I cultivate partly because of some of the other posters and partly because I am interested in CPQ. Furthermore, as I have made clear since joining the board last July, I trade CPQ actively, although the current flat share price makes that difficult.
You are right that the market needs good news from COMPAQ, and reassurance. It could come from a CC when Rosen is finally ready to guide analysts, or from market surveys, or new products, or restructuring, the announcement of a content provider for AV and, as you say, a new CEO. But all of those potential events could also bring less than positive news.
Why would you wonder about interest in the company? Its stock is very inexpensive with a forward p/e well below its rate of growth. It is one of the biggest companies in the world. It sells close to $10 billion of dollars of products and services each quarter, it is interconnected with most of the major technologies and enterprises in the computer and IT industries.
What did people who were in COMPAQ do this time last year when it was $23? Where they just as depressed? Since then it went to $38 before dropping back to $23 again and then onto $51 and now back to $23. On its last uptrend it moved between $35 and $27 many times. |
