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

To: Charles Tutt who wrote (58409)	4/18/1999 5:22:00 PM
From: Andreas	Respond to of 97611

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, including cpq unless the concerns expressed here by others concerning (a) accounting shenanigans and (b) missing even the 15 cents are true.