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Technology Stocks : Compaq
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To: Stan Standridge who started this subject10/30/2001 2:36:34 PM
From: rrufff   of 97611
 
CPQ - A Defense Play?? See USA Today

• High-tech heavyweights. "Even before Sept. 11, we knew the military had to change to combat terrorism," says Compaq executive Ron Ross. "Now there's a sense of urgency." Compaq, the world's No. 2 personal-computer maker, has won big contracts recently to sell computers, laptops and handheld devices to the Army, Navy, National Security Agency and Northrop Grumman.

Ross says the firm will post $1.4 billion in revenue this year from military and other government contracts. That will be 4% or 5% of Compaq's $30 billion or more in 2001 sales. He declined to predict Compaq's future revenue growth in defense contracts.

usatoday.com
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