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


To: Elwood P. Dowd who wrote (57291)4/12/1999 12:57:00 PM
From: Venkie  Read Replies (1) | Respond to of 97611
 
Do u really believe it will see 30 very soon..I don't like mgmnt but at this price it seems a thousand shs are safe..I am actually thinking of getting in AGAIN which is a cautious move for me..been burned on cpq and wdc really bad before..I did make a few nice trades not long ago.. Good Luck
My dell is getting spanked to but I think it will move back to the mid 40's very soon and then move to 50 range



To: Elwood P. Dowd who wrote (57291)4/12/1999 12:58:00 PM
From: Merlo  Respond to of 97611
 
CPQ they did earn some money didn't they? #1 computer stock with
Alta vista plus shopping.com and many others selling for $23.00 a
share. I can't believe this. earnings .15 a share but still earnings.
and the stock price reflects this. Now if only management would
resign.



To: Elwood P. Dowd who wrote (57291)4/12/1999 1:05:00 PM
From: rupert1  Respond to of 97611
 
El: Even if your scenario turned out to be true - and I think it is too conservative, don't you think that on the way from point A to point B (from $24 to $31) it will move backwards and forwards in narrow trading ranges like it did last time. How many times last year could you have sold at $34/35 and bought back again at $29 not to mention $25 or $23. The movement between $34 and $29 was like clockwork and you could have run up a lot of points in gains by trading in and out.

History won't exactly repeat itself. But I would be surprised if there are not several opportunities each month to sell and buy-back. It beats sitting on the slow boat to China.

The only snag is the AV deal. If they do declare some preferential treatment to shareholders will that be to existing, or shareholders from a past given date, or shareholders on a future given date? I think it should be the latter because that will encourage people to become shareholders. It will also ensure that you don't lose your AV entitlement by being out when they make the announcement.

I should have asked that crazy hacker last week to get into EP's PC ( I hear he uses a DELL) and get some info for us.



To: Elwood P. Dowd who wrote (57291)4/12/1999 1:10:00 PM
From: Andreas  Read Replies (1) | Respond to of 97611
 
I'm Suing - but not a class action.

Like most of you, I've had with ep and em!! It's time to cause some pain. Maybe some of you know I've practiced law for 20 years (tax and securities) and spent a number of my early years working for the securities bureau of the michigan department of commerce in Lansing. I've decided to file a lawsuit (naming myself only at this time) as a plaintiff. I believe that class action lawsuits are a money maker for only the lawyers. When was the last time you heard of anyone collecting any significant damages from class action litigation? I believe that cpq will not want to deal with every single lawsuit - it is too costly, too distracting and detracts from concentrating on the big problems - the class action litigation. Therefore, it has been my experience that they are more likely to settle the non-class action lawsuits.

If any of you are interested in joining let me know. I can be reached at az1@hitter.net. I will be more than happy to discuss specifics with any of you. In the meantime let me leave you with the following:

Two tigers were walking single file through the jungles of India when the second tiger suddenly licked the ass of the tiger in front. The front tiger turned around and proclaimed "what the hell are you doing?, don't lick my ass" "sorry", replied the second tiger. After a few minutes the second tiger again licked the ass of the front tiger, whereupon the front tiger again turned around and warned with disgust that "if you do that again I'm going to smack you!" The second tiger again apologized and stated that he would not do it again. Well, after only a few short moments the second tiger again licked the ass of the front tiger. That was it!! The front tiger turned around a third time and smacked the second tiger with his paw and roared, "What's your problem, I told you to stop and you keep licking my ass". To which the second tiger replied sheepishly, "I'm sorry, but I ate a lawyer this morning and I'm trying to get the taste out of my mouth"



To: Elwood P. Dowd who wrote (57291)4/12/1999 1:10:00 PM
From: rupert1  Respond to of 97611
 
April 12, 1999


--------------------------------------------------------------------------------


Loomis Sayles Fund Mgr Says Compaq Stk A Good Long-Term Buy
Dow Jones Newswires

NEW YORK -- The recent plunge in the price of Compaq Computer Corp.'s (CPQ) shares provides a good opportunity for long-term investors to take piece of the computer maker, according to Phil Schettewi, a portfolio manager at Loomis Sayles & Co.

tell you it's going to go up tomorrow, but I think they will clean up their problems, the inventory channel problems, the product problems," Schettewi said in an interview with CNBC Monday. At about $24 a share, Schettewi believes Compaq's shares will make investors "very happy" in about six or nine months.

The portfolio manager noted that the computer sector is undergoing a slow seasonal selling period and that overall demand will pick up and remain healthy.

"I think the (PC) prices are definitely coming down and margins are coming down, but you have to look at the demand side of the equation as well," he said. In addition, Schettewi said computer makers are looking for other avenues of growth through acquisitions and forays into e-commerce and the Internet.

Schettewi's other tech stock picks include Oracle Corp. (ORCL), Hewlett-Packard Co. (HWP), EDS Corp. (EDS) and Lexmark International Group Inc. (LXK).



To: Elwood P. Dowd who wrote (57291)4/12/1999 1:18:00 PM
From: rupert1  Respond to of 97611
 
April 12, 1999

BT Alex. Brown Cuts Compaq To Market Perform From Buy
Dow Jones Newswires

No further information is available at this time.



To: Elwood P. Dowd who wrote (57291)4/12/1999 2:06:00 PM
From: rupert1  Respond to of 97611
 
El: Could you ask Harvey to lop along to IR and ask for a transcript of the CC - after all it was supposed to have been a written statement. Also a copy of EP's written statement on Sunday.

Oh, and while he's there, could you ask him to get IR guidance for what the share price will be on 31/12/99?