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To: LLCF who wrote (110041)6/25/2001 6:07:33 AM
From: XBrit  Read Replies (2) | Respond to of 436258
 
Compaq seems to have noticed it's in specially deep doo doo, according to the WSJ. If anybody remembers the decline and fall of DEC, this just sounds to me like another chapter, now its finally taking Compaq down with it.

03:51 ET Compaq (CPQ) 13.50: Company preparing a massive restructuring in which it will shift its focus from hardware to software and services, reports the Wall Street Journal... Move comes as CPQ struggles to deal with falling PC demand and the resulting price war... In a memo to employees, Chief Executive Michael D. Capellas notes that the company's goal is to "increase services from about one-fifth of Compaq's revenue today to one-third." Move likely to raise eyebrows on the street, though one possible winner is Dell (DELL).



To: LLCF who wrote (110041)6/25/2001 8:14:59 AM
From: maceng2  Respond to of 436258
 
the party's over and the major indicies are all going to get creamed over the next couple of years, period

From my viewpoint the look and feel is just that. BWDIK.

Here is Mclarens most recent report. I have added the relevant charts to view alongside his comments.

mclarenreport.com.au

stockcharts.com
stockcharts.com
stockcharts.com

also found this post helpful for the week ahead.

Message 15989030

pearly.