SI
SI
discoversearch

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


To: Knighty Tin who wrote (29821)7/15/1998 1:08:00 PM
From: yard_man  Read Replies (2) | Respond to of 132070
 
Gosh, where'd all the optimism go?

>>It was a disaster all around," said Piper Jaffray analyst Ashok Kumar.
"Without Digital, Compaq probably would've reported a loss of 10 cents
a share," he said.

Kumar noted that the company's consumer channel inventory remains
between 5 and 10 weeks, although commercial channel inventory did fall
in the last quarter.

James Meyer, chief equity strategist for
Janney Montgomery Scott, believes that
while Compaq has made some progress on
its inventory backlog, it likely won't see its old products cleared out for
several more weeks. <<

Been seeing some really good deals on old CPQ boxes lately. Tempted to buy more GTW puts ...