Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Ramsey Su who wrote (22075)	3/16/1998 3:40:00 PM
From: Jack T. Pearson	Respond to of 97611

Ramsey, I probably shouldn't have used the term "writing off." I should have said, "taking a $500M earnings hit." Sorry. Jack

To: Ramsey Su who wrote (22075)	3/16/1998 4:47:00 PM
From: Loki	Read Replies (1) \| Respond to of 97611

Ramsey...The surplus inventory is not the problem. It is the result of an internal problem. Taking care of inventory is a "bandaid". A strategy needs to be put in place which is the preventive medicine, so that "result" does not happen in the future. Part of the market's view of CPQ is not the inventory problem, but faith in the strategy. I do not have enough information or data on the management to form an clear opinion as to whether they have the character and tenacity to deal with these issues. (I hope they do.) In a rising market tide in the past CPQ did quite well. Let's hope, through this more difficult time, they will as well. Loki