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

To: P2V who wrote (13323)	1/12/1998 5:53:00 PM
From: Dulane U. Ponder	Read Replies (1) \| Respond to of 97611

Thank you, Marden. The reason why I needed that link is because some people on the thread have been saying the channel stuffing remarks were made by the departing execs themselves when in reality the source quoted is as follows: "... "I am shocked," said Jeff Matthews, general partner, Ram Partners, a Greenwhich, Conn. fund. "Two at the same time at this level, especially the head of sales, is surprising. It's the Friday night massacre." Pieper, the former CEO of Tandem Computer Corp., came to Compaq last year after the computer maker acquired Tandem in a bid to transform itself into a full line computer supplier like IBM. Schraith, the former CEO of AST Research Inc.., headed up the No. 1 PC maker's channel programs. Schraith is reportedly taking the chief executive post of a startup company funded by billionaire Paul Allen, sources said. Michael Heil,Compaq Senior Vice President and Group General Manager, Consumer Products Group, will replace Pieper and also assume Schraith's duties until a replacement is named. Compaq officials could not be reached for further comment. Matthews said he believes there is "internal management issues" related to what he called a "disconnect we seem to have between the wildly bullish everything couldn't be better face Compaq is putting on the world, when we know, in fact, they are stuffing the daylights out of the channel." ' (cut... .)