Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Andreas who wrote (84649)	9/6/2000 8:16:33 PM
From: Night Writer	Read Replies (1) \| Respond to of 97611

As of Today (1) Strong Buy 15 (2) Buy 9 (3) Hold 5 (4) Underperform 0 (5) Sell 0 Mean Rating 1.66

To: Andreas who wrote (84649)	9/6/2000 10:38:11 PM
From: MeDroogies	Respond to of 97611

I stopped listening to analysts ages ago. A story I have told many times with regards to my own dealings with them. I've been with 2 very high profile companies that have gone public. In both cases, I was called in to explain ESSENTIAL points of sales to the analysts. These points were common knowledge in the industry, and had been for years. Yet these analysts were shocked to hear what I was explaining to them, had never heard it before. What was even more astounding to me was that these analysts were considered the BEST in this particular industry (Media) and had "inside" knowledge of which company was hot and which was not.....but clearly knew nothing of what drove revenues. After the first time that happened, I chalked it up to busy schedules and a focus on other issues. The second time, I realized these guys weren't all that bright and really didn't pay much attention to the trends in the industry. They were bean counters who were trying to drive value for specialized customers. Pure crrrrrrrrrap. After my father in law did some analysis on a few companies, he decided to purchase some shares. His broker talked him into buying shares of firms his analyst considered "hot". My FIL bit, and although he didn't lose money, he didn't do as well as he would have if he'd followed his instincts. A lesson learned there, I'd say. CPQ is fine. It isn't going under 31 (my lips to God's ears), and is more likely to tap on 35 before it drops below 30. These things are, I think, victories considering the beating this company endured the past year or so.