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: PCSS who wrote (87146)	11/28/2000 4:46:00 PM
From: Night Writer	Read Replies (2) \| Respond to of 97611

SSB pulled the same stunt last quarter. SSB doesn't look past Compaq's PC sales to the high end products. When CPQ got caught with a lot of channel inventory, it was a different company. It had no real high end servers like Wildfire, and no direct build to order iPaq for commercial customers. The channel problems at that time were on the commercial PC side of the house, not the consumer side. The commercial PC side of the house no longer has any real channel. How do you stuff a non existent channel? Will BOA's analyst come to Compaq's defense? He did so last quarter. His projection was correct and SSB's projection was incorrect. Does Dan Niles weigh in on this issue? I seem to remember positive comments from Dan. Will the GS analyst open coverage on Compaq? Is SSB saying the BOA analyst was incorrect and Compaq made 3Q numbers by stuffing the channel. Or is SSB learning to force Compaq to respond to negative public statements and then buying Compaq when the Compaq statement is positive after the stock drops. That is a nasty game. I do know one thing. Twice the SSB timing has been perfect. Perfect in the sense that it cost me money on option positions taken the day before. SSB has been wrong more the right, but still moves the market. NW