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To: Sonny McWilliams who wrote (25334)	1/29/2000 10:36:00 AM
From: billwot	Respond to of 27012

Sonny-thanks for the link re: CPQ. I have held my position in CPQ partly because I have continued to believe in their potential, and partly because I have been too busy with other things to really manage my portfolio. I had mixed feelings about the dismissal of Pheifer (and Mason) Pheifer was a brilliant administrator, but the lack of candor with the investment community and selective release of financial info created credibility problems. I am fairly optimistic at this point (unless the whole market continues downhill) that CPQ will recover in the next 6-12 months. Local forecast is more snow, changing to freezing rain, then finally just rain by Monday. Brrr.