Compaq Message Board - Msg: 10586475

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Compaq

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Night Writer who wrote (65366)	7/20/1999 4:59:00 PM
From: SS	Read Replies (1) of 97611

NEW YORK (CNNfn) - Compaq Computer Corp. is expected to name former TRW Inc. President Peter Hellman as its new chief executive officer next week, a source told CNNfn Tuesday. Hellman, who also served as TRW's chief operating officer, would fill the void left by Eckhard Pfeiffer, who was ousted as Compaq's CEO by the company's board in April. The world's largest personal computer maker is expected to make an announcement regarding Pfeiffer's replacement next week when it releases its quarterly financial results. Compaq officials declined to comment. The Houston-based computer company has struggled recently amid weaker consumer demand for its hallmark personal computer products. The company managed to post first quarter profits only half as high as analysts expected and in June warned it would tally as much as a 15-cent per share loss. Analysts had been expecting 20 cents per share profit.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next