To: Elwood P. Dowd who wrote (54009 ) 3/18/1999 10:04:00 PM From: John Koligman Respond to of 97611
Elwood, I thought this post summed up the value of CPQ IR pretty well. There obviously *WAS* a conference call on Monday, and since CPQ IR claimed 'they did not hear about any upcoming call', they either are lying or really don't have a clue as to what is on management's schedule of brokerage contacts. If #2 is the case, CPQ IR's function appears to be that of providing bodies for shareholders to vent at.... John PS - Take the 'death by a thousand cuts with a grain of salt, this guy is short CPQ and wondering whether to cover. The rest of the post is accurate in my opinion. I'm still looking to get back in below 30, don't know whether I'll get the opportunity. If I do, it will probably be for a trade, not a long term hold... To: Earlie (52423 ) From: Dale J. Thursday, Mar 18 1999 5:49PM ET Reply # of 52551 Earlie, I agree. CPQ is struggling big time. It will likely be death by a thousand cuts for CPQ investors. Bear Stearns used the term "Channel dislocation", and said the problem is just temporary. Yeah right! They sure are getting creative with their excuses. As for SEC, you are right on. All bark and no bite. CPQ is one of the worst offenders. They show absolute disregard for their small investors. I believe somebody on the CPQ thread called Investor Relations at CPQ to inquire about the Bear Stearns conference and IR replied they didn't know anything about it. The Wall Street Journal recently raised questions about CPQ favoring large investors and analysts. Heck I remember reading about the same concerns in USA Today about a year ago. It looks like a repeat performance from CPQ. SEC is a paper tiger, and many large companies just ignore SEC regulations when it comes to disseminating material information. Dale