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


To: Loki who wrote (38024)12/1/1998 7:47:00 PM
From: Chris  Respond to of 97611
 
Your argument is very persuasive Loki.

Chris P.



To: Loki who wrote (38024)12/2/1998 12:50:00 AM
From: Lynn  Read Replies (1) | Respond to of 97611
 
One of my neighbors, a fellow CPQ shareholder, received a call from a woman in the IR department today. She said she told the IR woman what she thinks of the shareholder offer, expressing her, my, the rest of my neighbors [this is a mini CPQ shareholder getto], and some of the sentiments she has [as an occasional lurker] read here. Summary: It would have been better if CPQ had not made the offer in the first place.

According to my neighbor, the IR woman was very attentive and listened rather than try to brush her off. When my neighbor said CPQ should listen better to its shareholders and mentioned this thread, the IR person said CPQ does try to keep abreast of thing. Later, the IR woman called her back asking for the URL of Silicon Investor--maybe they will have someone read (and listen) to what people say here. If they do, they will realize that shareholders are _not_, for the most part, computer illiterates.

Oh, the IR woman asked what kind of price my neighbor has expected. My neighbor told her a price in line with offers CPQ makes to its big customers and soon to the employees of some business'--25% and 7% respectively above cost.

That CPQ shareholder offer is obviously not for people like you, me, or the average individual CPQ shareholder. It sounds like an offer being made to a first time PC buyer. I'll bet almost all, maybe all, of us have at least one PC in our homes right now. Our interest in a "here's what you get" Compaq color printer is probably not very high--unless we want to give it away as a gift to someone for Christmas.

You are right, Loki. Dell has a better offer to meet my needs, too. I can get the PC I want from them then the 17" Sony monitor elsewhere. Any software I need I can get _way_ below what either Dell or Compaq offer it for--I get an educational discount. I want a new printer but Santa is bringing [I hope] that Xerox lazer printer I've been eyeing since this past summer--not color, black and white.

Lynn