[ From the Company News Release]
"We experienced strong sequential growth in the fourth quarter in all segments of our enterprise business," said Capellas. "This clearly indicates the growing market acceptance of Compaq's high end systems, solutions, and services which customers are demanding to build non-stop, 24x7 Internet computing environments."
I think Capellas was clear and concise and without sounding like a cheerleader, he gave the forward guidance that the street will be looking for.
I am sure he will expand upon this thought during the 2day analysts' conference, after all, he's got to talk about something.
Simultaneously with the earnings release, this news release was issued:
zdnet.com
Simpler, cheaper: Meet the new PC
Compaq's iPaq is the first 'legacy-free' PC targeted toward business users. The era of the simplified personal computer has arrived.
By John G. Spooner, ZDNet News
January 25, 2000 12:58 PM PT
Compaq Computer Corp. is starting to ship its "legacy-free" iPaq PC this week in a bold move to try and sell businesses on a simplified $499 computer....
...Compaq (NYSE: CPQ) expects iPaq models to contribute as much as 25 percent to its worldwide DeskPro corporate PC sales in 2000, said Jerry Meerkatz, vice president and general manager of Compaq's Desktop PC division. Compaq also offers a legacy-free PC Presario model for the home, called EZ 2000 . It starts at $999. ...
Just a coincidence, I guess, huh. :))))
This company is starting to look like a start-up.
Duke |
