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


To: Windseye who wrote (20042)3/6/1998 6:03:00 PM
From: peacelover  Read Replies (2) | Respond to of 97611
 
Windseye,

The whole situation is sad to us little people as we are not privy to all this information which the biggies use to clean us out. We are always in the dark. This whole situation smells of a rotten egg. I still believe teens is far fetched for such a co. like CPQ when AOL is trading at 120+.

peacelover



To: Windseye who wrote (20042)3/6/1998 7:53:00 PM
From: Dale J.  Read Replies (3) | Respond to of 97611
 
re: <<My view at this point is that we have been snookered... INSTEAD of CPQ releasing this news by themselves two weeks ago, they filtered thru SSB's Gardner first of all..>>

If they did you have every right to be outraged. I have not followed cpq so I don't have an opinion about cpq specifically, but this is a big problem for the individual investor.

SEC rules prohibit management from releasing any material information "information that can move the stock price" to favored analyst or stockholders. Any material information must be released to all investors at the same time. If cpq gave out material information to analysts ahead of time, you can be sure you paid for it many times over.

You should not only request that your investor rights be respected, but you should demand it. The SEC rule is already on the books, they just don't aggressively enforce it.

You should complain to SEC at www.sec.gov or help@sec.gov

The more complaints the greater chance SEC will actually enforce the rules.



To: Windseye who wrote (20042)3/8/1998 6:10:00 PM
From: E.H.F.  Read Replies (1) | Respond to of 97611
 
<Perhaps if they would have warned directly 2-3 weeks ago we'd be at 16 now.....I certainly don't trust CPQ managment to manage the stock per se... seems like they've done a dis-service this time around.>

Windseye, as a shareholder, I'd rather have the stock where it is now than at 16. Ironically, it was Intel's warning and the subsequent drop in CPQ that got my attention. Being an outsider, I had no emotional involvement at all when I made my decision to buy into the selling frenzy on Thursday (in at 27). From my research on Wednesday I concluded that CPQ is a dog eat dog company that is hell bent on selling more computers than anyone else, but was caught short with Asia's collapse; they probably figured that they were going to sell untold numbers of sub 1,000 PCs to the hoards of people over there. Acquiring DEC is the fix. It takes time to overcome the inertia of its own momentum. Dell is sounding real complacent about things (from a news release), but they better get started on cutting costs real quick, because this Christmas it isn't going to be Santa coming to town...this time it'll be the cutthroat savages at Compaq.

E.H.F.