SI
SI
discoversearch

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: MeDroogies who wrote (87977)12/15/2000 10:48:51 AM
From: Andreas  Read Replies (3) | Respond to of 97611
 
MeDroogies;

You wrote in your post, "The only way to be sure they occur is by checking the shares outstanding." Not really. Outstanding shares can vary for a lot of reasons not the least of which is the exercise of stock options. The real and only certain way to get the exact number of a buy-back is to check the company's "source and use of funds" statement. Any implemented buyback of stock will be reflected in the "use of funds" section of that statement.



To: MeDroogies who wrote (87977)12/15/2000 10:50:14 AM
From: tonyt  Read Replies (1) | Respond to of 97611
 
> I really don't understand what the heck investors think right now.

Many may not be thinking at all and are being forced to sell to cover margin calls.



To: MeDroogies who wrote (87977)12/15/2000 10:52:53 AM
From: Elwood P. Dowd  Respond to of 97611
 
This can only be panic and or tax selling, imho. I doubt we would see such a dramatic sell off at this level in Jan. Hopefully some who sold prior to 11/30 will show up and get back in on 1/2. Now that Bill Gates is in the same warning boat with CPQ, maybe WS will reconsider it's recent negative assessment of MC and his turn around efforts. El



To: MeDroogies who wrote (87977)12/15/2000 10:53:56 AM
From: Seamus McKenna  Read Replies (1) | Respond to of 97611
 
this is just a bit much

Month after month, on option expiry day, Compaq closes right on a low strike price, often holding that price for most of the day with the graph moving in a very uncharacteristic horizontal line. For a few months running, this price was almost guaranteed to be £27.50. Today it seems to be $17.50.

I'm slow to use the word "manipulation", because I thought the SEC had things like that well policed. Right now, though, we're being asked to believe in just one coincidence too many. Surely, there are grounds here for at least an investigation of what's going on.