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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: yard_man who wrote (29796)7/14/1998 11:26:00 AM
From: S. maltophilia  Read Replies (3) | Respond to of 132070
 
I liked the spin on that CPQ piece. Here's a quote from WSJ today:
wsj.com

For PC makers, the home market for years has produced the slimmest
profit margins, usually well under 10%. However, Compaq Chief
Executive Officer Eckhard Pfeiffer said in April that its consumer division
had reached the double-digit profit-margin range and last month said the
unit was "doing a fabulous job."

Is that 11 or 12%? And that's the best they have going? Anyone remember when CPQ was grossing 25% and the stock was trading around 10 (split adjusted)?



To: yard_man who wrote (29796)7/14/1998 11:36:00 AM
From: Knighty Tin  Read Replies (1) | Respond to of 132070
 
Tip, I don't believe we will see the end of half a piece's hibernation until CPQ reports a profit because it wrote off all of its inventory and gave the DEC takeover as an excuse. Whoops, they are already rolling out that trick. <G>

MB


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