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

To: Tim Wash who wrote (23952)	4/5/1998 8:23:00 PM
From: david bell	Respond to of 97611

the numbers only tell of registered shareholders. A brokerage may represent thousands of shareholders(Clients)

To: Tim Wash who wrote (23952)	4/5/1998 8:43:00 PM
From: Andreas	Respond to of 97611

Tim Walsh; No that does not seem unusually low. don't forget 68% of cpq stock is owned by about 1400 funds. The remaining 32% of cpq stock is owned by the remaining 21,600 shareholders. Or put another way, if you pull out the institutions that own cpq there remains about 400,000,000 shares in the hands of 21,600 people or slightly less than 20,000 shares per shareholder. After you factor in the large number of shares held by employees and other insiders the picture makes sense.