Compaq Message Board - Msg: 9525356

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Technology Stocks : Compaq

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To: rupert1 who wrote (61299)	5/14/1999 7:45:00 AM
From: DRRISK	Read Replies (1) of 97611

Victor, A great point, I hope. When Gerstner took over IBM the mkt was in the toilet and his actions had almost immediate effect especially when he made large multiple block purchases of the stock on the open mkt. He bought the stock at its low 40-45. After his purchases the stk within one month rose from 40-60 never to look back. He also hired the CFO who restructured Chrysler for the task of cleaning(name?) who left after his job was over. What a resume fixed IBM and Chrysler! We are in a very hot market and this company IMHO is not broken like IBM was. The AV factor as well as the immediate restructuring that will ensue will kick this stk out of the 20's for good. DrRisk

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