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

To: Elwood P. Dowd who wrote (25010)4/26/1998 11:46:00 PM
From: Seyda  Read Replies (1) | Respond to of 97611
 
WSJ ran a similar story...Here is the synopsis:

Compaq CEO Eckhard Pfeiffer is taking aggressive steps to clear out unsold inventory -- he shut down the company's North American plant for the first two weeks of this month to allow dealers to time to move the merchandise they'd accumulated. Pfeiffer's goal is to trim dealers' inventories to just two to three weeks' worth of goods by the end of the second quarter. In addition, Pfeiffer has imposed a hiring freeze to cut its workforce by 1,000 employees, and plans a stock buy-back of up to 100 million shares. (Wall Street Journal 24 Apr 98)

Regards
Seyda



To: Elwood P. Dowd who wrote (25010)4/27/1998 10:08:00 AM
From: Roads End  Read Replies (1) | Respond to of 97611
 
Maybe today would be a good day to begin the buy back program.



To: Elwood P. Dowd who wrote (25010)4/27/1998 11:36:00 AM
From: Jimbo Cobb  Read Replies (2) | Respond to of 97611
 
El: It's about time this fat hog of an overpriced market got a haircut !!!!

It would be really cool if the NASDAQ dropped 100 or more today !!!!

YES !!!!

I LIKE IT !!!!

3.


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