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

To: Joseph F. Hubel who wrote (60237)	5/1/1999 5:22:00 AM
From: rupert1	Read Replies (1) \| Respond to of 97611

Joseph: "I still read the message board as one fixated with a disaster or crime scene." Sounds a bit odd to me. Are you sure you don't read it because you wonder if you made a mistake by selling at a loss and are seeking for reassurance that you didn't. I read the board because I own part of the company. 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 .. How do you know that? It's a lot different from what I hear. Sounds a bit far fetched to me. Every company that buys another company, faces the problem of rationalising the personnel and management structures of the two companies. COMPAQ is a good part of the way to fixing any excesses. COMPAQ traditionally is a more efficient user of personnel than any other computer maker and is in the process of restoring any imbalance from the DEC merger. As for them being bozos - COMPAQ is No. 1 in the world as far as PC's and No. 2 as far as computers. It has increased revenues from $5.6 billion to $9.4 billion in one year and profits from 1 cent to 16 cents. It has virtually created a new business in services, whose margins are 5% better than IBM margins, going from about $200 million last year to $1.6 billion this year. at Ford when they built the Edsel. Technically the vehicle was superior to it's contemporaries of the time .....but it was ugly. More people buy COMPAQ PC's than any other make. you exhibit an unyielding faith in this company almost to the point of dogma. I would wager that I have sold the company many more times than you in the last year and many more times than some of those who have held it for 18 months and who are now most vociferous in dammning it as a loser.