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

To: rupert1 who wrote (60201)	4/30/1999 5:38:00 PM
From: Elwood P. Dowd	Respond to of 97611

Reason to change your target is that, like your Q1 estimate for earnings, it's about twice as high as it should be. Btw, every stock has a 52 week low, but normally that low doesn't occur over a 90 day period on a drop of 60%. El

To: rupert1 who wrote (60201)	5/1/1999 4:43:00 AM
From: Joseph F. Hubel	Read Replies (1) \| Respond to of 97611

Victor, Even though I'm out of CPQ, I still read the message board as one fixated with a disaster or crime scene. From your posts you exhibit an unyielding faith in this company almost to the point of dogma. It may be reasonable that perhaps eventually your predictions will bare out. However I am drawn to attempt an answer to your question "Give me one reason". In some respects you bring me to mind of the folks at Ford when they built the Edsel. Technically the vehicle was superior to it's contemporaries of the time .....but it was ugly. You may be correct that many of the problems at CPQ are behind them or are fixable (in a technical sense) but that does not make it salable to Wall Street i.e.; the individual investor. The perception is CPQ is ugly, that it's a loser. The only thing that will bring the stock price up is investor demand and right now that is sadly lacking and will remain so until CPQ restores the luster to it's tarnished image. This will not happen over night regardless of how fickle you think the buying public is. Assuming many of CPQ's recent investors are disgusted, demand must come from new buyers who have no first hand knowledge of what's taken place or from the unshakable faithful. (How many shares have you purchased in recent days?) Were I an uninitiated seeker of a tech company/box maker/service provider/etc. etc., I would look at the recent financials, read the recent news stories, compare them to others and look at the performance charts. Simply looking at this chart would temper my enthusiasm for CPQ. techstocks.com Add to the mix a CPQ employee can't walk down the hall of the Houston office without tripping over the head of some upper echelon suit and one would begin to realize there exists a failure to execute ...(some management and share holders excepted). They have been dispatched reasonably well. No, it will take some time for the ugly to disappear and for the investors to return in spite of improved technicals. JFH