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To: Venditâ„¢ who wrote (11202)4/18/1999 5:19:00 PM
From: Andreas  Respond to of 41369
 
To Thread: CPQ resignations hardly a "surprise move"

Normally it's just the small investors like us that are normally left to pick up the pieces after some belated bad news hits the wires. Unfortunately for Eckhardt Pfeiffer, he decided to give the analysts and fund managers a taste of their own medicine, when cpq announced a week ago Friday, well after the close of trading, that cpq earnings would be about half of expectations. This left the big fund managers and analysts caught over the weekend with their pants down and with no alternative but to take it on the chin.

Well, the big boys wanted their pound of flesh and indeed got about 30 pounds after Pfeiffer's and Mason's heads were handed over on a platter. The good news is that the problems are more likely to be cpq specific and not a reflection of the overall pc market. Look for a rise tomorrow in pc stocks.



To: Venditâ„¢ who wrote (11202)4/18/1999 5:23:00 PM
From: Jenne  Read Replies (1) | Respond to of 41369
 
Well .. any change of management at that level is good for cpq as I see it.. and it seems to support the idea that the problems are more with the company than the industry.. but Im always surprised by how events are interpreted by the street.. Im not sure it will not be viewed as just more instability and therefore negative and so take us all down .. I sure hope thats not the case.