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


To: Kenya AA who wrote (44878)1/24/1999 3:06:00 PM
From: robbie  Read Replies (1) | Respond to of 97611
 
K - Now there's a profound piece of advice!

Not as profound as this, from jim kelley:

3) The merger with DEC did in fact reduce CPQ's working capital.
My final conclusion was that they had sufficient lines of credit to permit them to write the severance checks and checks for plant closures.


kelley has decided that CPQ has the ability to borrow enough money to pay their bills! Is he a crack analyst or what? A crack smoker?

jajajaja,
Robbie



To: Kenya AA who wrote (44878)1/24/1999 3:31:00 PM
From: Christopher  Read Replies (1) | Respond to of 97611
 
Kenya,

<< Concerning CPQ, use your own judgment and make your own decisions.>>

You have to read between the lines. If you are a long term investor then may be you want to stick with the market. If you are a short term investor then may be you want to prepare to cut your losses or
protect your profit if the market keeps going down. The Brazil situation is effecting all market around the world. Our market is being effected as well and it is showing on the chart. Negative critisism is one reason I am becoming more cautious about giving TA updates since I don't benefit one way or another.

Christopher