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


To: rupert1 who wrote (76511)1/25/2000 2:23:00 PM
From: The Duke of URLĀ©  Respond to of 97611
 
victor:
thank you for a great post. it is full of info. i.e. he says earnings will be 16cents: :)))

_______________
"Q. Compaq's stock has languished in the 20s for months. What do you say to the guy who bought in at $50 a year and a half ago?
A. As is always the case, what I can't say is why it did what it did. What I can say is what we are going to do to improve the valuation.

What I tell somebody like that is, here are the things that we believe needs to happen to make the stock very attractive. We understand there was some credibility that needed to be rebuilt ... with the analysts, with Wall Street, with employees, with customers. We will start off by saying we will create that credibility with an open and honest culture. We believe we have done that.

The second thing we say is that we also understand that credibility will come through performance. Performance comes from being predictable, so we are doing the things that make us predictable.

The third thing will come from getting your costs and infrastructure under control and we will do that."