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


To: Andreas who wrote (87789)12/12/2000 6:53:28 PM
From: Elwood P. Dowd  Respond to of 97611
 
Andreas... maybe The Prince will buy more shares. He liked it last year @ 23 when the company was in far worse shape. El



To: Andreas who wrote (87789)12/12/2000 6:55:08 PM
From: PCSS  Read Replies (2) | Respond to of 97611
 
Andreas,

It's nice to see that you have returned to moderate sanity ... as per <Hopefully, as some have suggested, cpq will now rise a bit now that the warning is out of the way.>

We didn't want the warning, BUT we all knew it was going to happen !

Michael



To: Andreas who wrote (87789)12/12/2000 7:59:21 PM
From: MeDroogies  Respond to of 97611
 
Nor do I, but when you consider the overall state of affairs, this is much better than the other competitors have fared.
While we'd all prefer to have that billion, I don't think that crying over it (or enacting a lawsuit) will really solve anything or prove anything.
You invest in stocks based on relevant facts and intuition. Sometimes it doesn't work out, sometimes it does. In this case, I don't think that Capellas was misleading or lied, or is out of touch. Based on his statements, it appears things were good at the point in time he said the things he did. When all the information came in, it wasn't good.
Things can turn around in a week, I've seen it happen in my department. In fact, I just went through a hellish day in which a client who was in good shape a week ago, suddenly started having a ton of problems. Considering the size of CPQ, there's no doubt issues like that arise, only on a much larger scale (hell, consider the electoral mess in FL).
These aren't apologies or rationalizations. It's just the way things are. And sometimes you gotta just bear the burden. Right now, that burden (for me) is a ton of options. I rolled the dice.....shit happens.