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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?


To: Captain Jack who wrote (75371)1/7/2000 11:09:00 AM
From: rupert1  Read Replies (1) | Respond to of 97611
 
Captain and NW: I thought McGinn - the LU CEO - was a lot prompter, clearer and franker on CNBC this morning than the COMPAQ Chairman/CE0 were when faced with similar developments in COMPAQ. In essence McGinn said, we have beaten expectations every quarter, in the three years we have been a public company. We fouled up this quarter. The reasons is that we, the management, made a mistake. We did not read market demand and trends properly and did not prepare the company or the market. We think we can make it up, somewhat.