"Compaq, and Cardiothoracic Has the Last Laugh"
By Herb Greenberg
Senior Columnist
5/7/99 6:30 AM ET
Fried-Day:
Compaq capers: One market source, whose distribution
contacts at Compaq (CPQ:NYSE) have always provided
him with excellent insights into the company's biz, says it
appears Chairman Ben Rosen has been moving quickly to
shake things up in the wake of CEO Eckhard Pfeiffer's
departure.
Our source, who trades in and out of Compaq, both long
and short, tells of one distributor who "used to complain
about the little things that they can't handle. Now, it's 'Let's
get it done.' They're dealing with issues aggressively." He
adds that the change is noticeable over the past three
weeks. "It's the first sign of life." A spokesman will only say
that Rosen insisted, when he took over day-to-day
operations, that he and his team didn't expect to be
caretakers. |
