Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 -- Ignore unavailable to you. Want to Upgrade?

To: Andreas who wrote (65638)	7/23/1999 5:13:00 PM
From: J.Maz	Respond to of 97611

Andreas, You're right, the loss of $230,000,000 divided by the outstanding share balance of 1.7 billion actually yields a loss of 13.5 cents per share versus the .15 cent loss that was widely publicized quite some time ago. So indeed the news that Mr. Mason shared was not by any means "news." Regards, JMaz

To: Andreas who wrote (65638)	7/24/1999 3:07:00 PM
From: louis mason	Read Replies (1) \| Respond to of 97611

I assume that these are the same loss amounts, which brings up the question of why you are holding on to a looser that you know is about to report more loss- or is this part of your retirement plan? As to where the loss is coming from, i think it's from out-of-touch employees who are staying on at Compaq because they were there early on and so they are being pushed to the top of the pile without regard for their technical ability. Like i've said before- i spent some time in houston recently talking to one of the V.P.'s who troubleshoots general problems & evaluates hardware purchases for their notebook production. this guy freely admits that hes rich because he was there from the beginning- but other than that he's nothing special. Maybe the losses are coming from here; "Posted 23/07/99 5:08pm by Mike Magee New Compaq CEO says Europe, Alpha integration disappointing Mike Capellas, Compaq's new CEO, said today that the European wing of the corporation is underperforming. In a conference call with European journalists and analysts today, Capellas said: "Europe has been a great area of strength for us." But he admitted the last few quarters in Europe had been disappointing. And he also said that he would accept Compaq had not been as clear on its strategy in Europe as it could have been, particularly on its direct/indirect strategies. He also admitted that Compaq had still a great deal of work to do on integrating its Digital business with its traditional business." Anyway Andreas, i don't think i CAN enlighten you any more- you said it all when you told me that you expect them to report a loss. l mason