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

To: elepet who wrote (57688)	4/13/1999 10:28:00 PM
From: PAR	Read Replies (1) \| Respond to of 97611

Hi, I'm brand new here. In view of the discounted price, I've decided to buy CPQ as a core (i.e. long term) holding. I see this as similar to IBM of several years ago, and the Intel FDIV flaw a couple of years ago (anybody remember that!). As soon as CPQ gets its dodo together, its off to the races, IMHO.

To: elepet who wrote (57688)	4/13/1999 10:29:00 PM
From: needawin	Respond to of 97611

When you look at CPQ's earnings remember the DEC acquisition was accounted for using the Purchase Method and not the Pooling of Interests Method - which is unusually conservative in the technology world. I wonder if CPQ stock repurchases prevented pooling accounting? Comments?