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


To: William Hunt who wrote (23983)4/6/1998 6:08:00 PM
From: Roads End  Read Replies (1) | Respond to of 97611
 
Bill..your message is well taken but hard to read. Refrain from the all cap crap.



To: William Hunt who wrote (23983)4/6/1998 6:53:00 PM
From: Eddie Kim  Read Replies (2) | Respond to of 97611
 
>>ALSO THE FACT HE KNOWLINGLY DID THIS WHILE USING HIS STOCK OPTION'S DOEN'T MAKE FOR A LOT OF TRUST INN MANAGEMENT . <<

I assume you mean E.P. Anyways, how can one be so sure that Compaq's inventory was due to stuffing? IBM and others reduced their prices far more than Compaq execs anticipated; thus, resulting in lower sales of their own machines. Furthermore, I believe, IBM and HWP have been swift in reducing prices when compared to previous years. All this must have played some factor on Compaq's inability to move its products. It was just last quarter that E.P. was boasting about Compaq, and they moved the year 2000 target up 10 billion dollars. I don't think he would have done either if he knew the seriousness of the inventory problem.

As for the options, How many did E.P. cash in and what were their expiration dates'?

-Eddie