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

To: marquis103 who wrote (83785)	7/26/2000 2:50:32 PM
From: PCSS	Respond to of 97611

Maybe CPQ can surf the rising Indicies to 29 1/2+ Michael

To: marquis103 who wrote (83785)	7/26/2000 3:33:04 PM
From: Night Writer	Read Replies (1) \| Respond to of 97611

Russ, The Cash Conversion Cycle is also important in a high turn over low margin business such as PCs. CPQ does have low margin PC products like Gateway. However, it also has high margin products. The high margin products are more complex and the cash conversion cycle takes longer. The fact that Compaq's cash conversion cycle is close to Gateway's cash conversion cycle is actually very positive and makes Gateway look slow. NW