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Technology Stocks : Compaq

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To: Bipin Prasad who wrote (68843)	10/14/1999 1:42:00 PM
From: The Duke of URL©	Read Replies (2) of 97611

This is the rueters article via the WSJ: Compaq unable to fill all home PC orders - WSJ Source: Reuters NEW YORK, Oct 14 (Reuters) - Compaq Computer Corp. (NYSE: CPQ) is warning retailers that it is unable to fill all orders for its home computers, the Wall Street Journal reported. The move by the world's largest personal-computer maker is another sign of the component shortages hitting PC makers due to the recent earthquake in Taiwan, a major manufavturing centre for PC components, the paper said. A spokesman for Compaq told the Journal that the company expects "spot delays of shipments" on some products headed for retail outlets, and the delays could last into November. The spokesman declined to specify the number of products or models affected, the paper said. The warning comes shortly after Hewlett-Packard Co. (NYSE: HWP) said it expected delays and disruptions in its PC business from the Taiwan earthquake. The Compaq spokesman said the shipment delays will not have a "material impact" on its operations, the Journal reported. ((New York Newsdesk, 212-859-1700))

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