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: Andreas who wrote (28055)	6/23/1998 9:10:00 PM
From: peacelover	Read Replies (1) \| Respond to of 97611

Andreas, IMHO, this is like the fable of a race between the hare and the tortoise. I am in no way trying to demean dell, but I think cpq will have its day. Wall st is so fickle that today's beauty queen can be made an ugly duckling in no time. I, also have been in the red since the day I bought at 34+, but I sincerely believe wall st is too short sighted about cpq and unfair to it. Time will tell. Peace and good luck! peacelover

To: Andreas who wrote (28055)	6/23/1998 10:53:00 PM
From: Night Writer	Respond to of 97611

El, For full story go to prnewswire.com and then to the technology section, and then do a search on Latin America. I really edited this article. NW Subj: The Latin American PC Market Feeling the Repercussions... Date: 6/23/98 8:48:02 AM Eastern Daylight Time The Latin American PC Market Feeling the Repercussions of Asian Crisis, Reports IDC MOUNTAIN VIEW, Calif., June 23 /PRNewswire/ -- Total PC shipments in Latin America reached just over 828,300 in the first quarter of 1998, according to International Data Corporation's recently released Latin America Quarterly PC Market Tracker. Regional shipment growth slowed to under 17 percent versus Q197 while shipments were down almost 28 percent from the fourth quarter of 1997. Although the initial impact of the Asian crisis has begun to ease, the resulting financial pressures continue to affect IT growth in Latin America. Throughout the rest of 1998, many segments of the IT market will feel the repercussions of higher interest rates in the region. Aside from a traditionally small first quarter, the decline in regional shipments was due in large part to the sluggish Brazilian market. Personal computer shipments in Brazil increased only two percent from Q197 as the market reacted to increased interest rates. Large inventories in PC channels contributed to a weak quarter with shipments to the home segment particularly slow. Nevertheless, while January and February were slow, March was strong for PC sales. The Venezuelan market also experienced a considerable slowdown. Shipments declined 36 percent from Q497 and were down one percent from Q197 in Venezuela. Argentina, Colombia, and Mexico sustained growth of over 25 percent in the first quarter of 1998. Total shipments in Mexico were up 33 percent versus Q197 as Compaq and Hewlett-Packard, as well as local assemblers, gained ground. Compaq maintained its first place status in sales for the second consecutive quarter. The company increased shipments by nearly 78 percent from Q197, although they were down 15 percent from the fourth quarter. Compaq continued to lead the Latin American PC market with more than 15 percent of regional shipments. The company also led each of the top six Latin American markets, having surpassed Acer in the Mexican market in Q497. The company had strong results in Argentina and Mexico, although Q198 shipments declined versus Q197 in Brazil, Colombia, and Venezuela. IBM continued to follow Compaq in the number-two spot in regional shipments. Although its shipments grew in several countries, declining shipments in Brazil have had a significant impact on IBM's performance. The company's share of the Brazilian market has declined dramatically from 13 percent in 1996, to under six percent in 1997, and now less than four percent in the first quarter of 1998. Declining shipments in Brazil have also had a significant impact on the company's regional shipments, which were down eight percent in the first quarter relative to Q197. 06/23/98 08:41 EDT

To: Andreas who wrote (28055)	6/24/1998 1:21:00 AM
From: Dr. David Gleitman	Read Replies (3) \| Respond to of 97611

To all: During the course of the day, while keeping tabs on CPQ, DELL, GTW, I shared Michael's thoughts, that this stock is a dog (at least for the time being). I am currently long by about 10,000 shares on margin. I can still remember about 10 months ago I was told by the analysts that CPQ was a "screaming buy" at 79 (pre split). During the course of the end of last year, the handwriting was on the wall, yet we all refused to acknowledge it, claiming that these "anal-ists" had their own agenda and kept ragging Maria et al. As it turned out, these "anal-ists" were essentially correct to our detrement. Even GTW, who suffered during the third (?)quarter was able to get their act together for the following quarter (which resulted in some handsome profits). My current core holdings are in DELL and CPQ. My question today is that while CPQ is receiving all of these upgrades, then why isn't it reflected in their valuation. This stock is still the highest shorted stock. Don't get me wrong, I am still currently long on CPQ ( I don't really have a choice now ), but to rag on Michael for his pessimism and his possible deceptive claim of knowledge of greater losses, can be no worse then some others who, with their blind optimism is claiming that CPQ will reach 100 by the end of this year ( I hope). It's just that over the past 6 months, I have read alot worse, and perhaps the irrate responses are just a reflection of our fustration with the overall performance of CPQ. JMHO Best of luck to all... David.