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


To: Elwood P. Dowd who wrote (78145)2/14/2000 4:34:00 PM
From: Andreas  Read Replies (2) | Respond to of 97611
 
To Elwood;

I won't be surprised to read in the near future that the Prince got so po'd that he decided to dump and that has only contributed to the recent drop. If the cnn and USA Today stories are to be believed then you got to know that Prince Alwaleed is annoyed to say the least. After all, he bought on the monday before earnings release expecting an upside surprise only to be blindsided by MC's waffling on sales growth at the analysts meeting which has totally angered the street. If he hasn't sold then he has a 1/4 billion paper loss!!

Even though he isn't going hungry any time soon you know that he is mad as a hatter. I'm sure he didn't like spending about 1 billion after months of due diligence just to see his investment go down the tubes starting within 48 hours. And why? Who the heck really knows?? Can this all be blamed on MC's sales numbers faux pas?