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To: Elwood P. Dowd who wrote (77601)2/7/2000 1:10:00 PM
From: MeDroogies  Read Replies (3) | Respond to of 97611
 
FYI...for those of you who think the Free ISP model is good for CPQ...consider this latest report:

"Net Firms Offering Freebies Are Paying Dearly: Consumers Expect
Even More"
Los Angeles Times (02/07/00) P. C1; Shiver, Jube Jr.

Many online firms are offering products for free or at a
significantly reduced prices in order to establish themselves in
e-commerce, but experts say this business model might not be
effective. For example, IWon.com, which is supported by CBS,
awards $1 million each month to one of its visitors. The
giveaways often require that consumers provide personal
information; FamilyWonder.com last year gave a $20 check to
visitors for filling out a survey and purchasing at least $20
worth of goods. However, the business model of giving away
products is proving unsustainable in some instances, and some
online firms have now been losing money for four or five years.
EMachines last week announced that it cannot continue offering
its customers free Internet access. Online companies typically
bring in money by selling products or services, advertising, or
transaction fees from sales advertisers make as a result of the
site. Still, these sources of revenue are being challenged as
the Internet lowers the cost of becoming an e-commerce firm, and
the number of companies competing for online consumers
multiplies. While online companies try to compete by offering
freebies and discounts, most giveaways are not successful and
simply encourage consumers to seek bigger bargains, according to
a Jupiter Communications study. Experts note that giveaways
would only be an effective business model if consumers were
loyal, but consumers often look for the lowest price rather than
a familiar site.



To: Elwood P. Dowd who wrote (77601)2/7/2000 2:03:00 PM
From: JDN  Respond to of 97611
 
Dear El: Poor Garcia, I often think of him. Well, he cant say he wasnt warned. Many of us told him and I remember one poster BEGGING him to sell COOL when it had a very short spike up to his original investment price. JDN



To: Elwood P. Dowd who wrote (77601)2/7/2000 2:28:00 PM
From: Andreas  Respond to of 97611
 
To Elwood;

Speaking of Garcia - I recall reading his posts on the aol thread not so long ago. Unfortunately, he bought aol at around 175 (pre-split). He sold out before christmas at a small loss. Poor guy is getting killed. As for Jimbo, he is a non-entity - a mere reincarnation of all those historical figures known for their less than ingenous investment advice - such as Ponzi, Boesky, Rev. Jim Baker, and countless others. He is the antithesis of the greek god "Midas". Need we really say more??



To: Elwood P. Dowd who wrote (77601)2/7/2000 3:19:00 PM
From: Jimbo Cobb  Respond to of 97611
 
You are full of crap...I made money on COOL, Garcia lost some money on COOL because he bought well after I picked it and didn't sell on the spike up...he also lost money on CPQ, DELL, MSFT, and AOL, as I recall, so I don't think Jimbo was responsible for him losing his "life savings" if indeed he did....more a result of poor trading.....

Jimbo.



To: Elwood P. Dowd who wrote (77601)2/7/2000 4:37:00 PM
From: Jimbo Cobb  Respond to of 97611
 
Elwood...you should be more like this dude...

messages.yahoo.com

jajajajajajajaja

GOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO LDP !!!!!!!!!!!!!!!!!!!!!!!!!!!

Jimbo.



To: Elwood P. Dowd who wrote (77601)2/7/2000 5:53:00 PM
From: Jimbo Cobb  Read Replies (2) | Respond to of 97611
 
Most Admired Computer Companies....CPQ ranks #8...

businesswire.com

CPQ is behind XRX...that's sad............this company has gone to pot....

COMPUTER AND OFFICE EQUIPMENT
------------------------------
1. Dell
2. Sun Microsystems
3. International Business Machines
4. Gateway
5. Hewlett-Packard
6. Apple
7. Xerox
8. Compaq
9. Canon U.S.A.
10. NCR