Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 230.17

-1.4%

Nov 7 9:30 AM EST

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To: Proud_Infidel who wrote (37415)	9/23/2000 3:59:00 PM
From: Proud_Infidel	Read Replies (1) of 70976

Compaq Says European Demand Within Expectations NEW YORK (Reuters) - Compaq Computer Corp. (NYSE:CPQ - news) said on Friday that its worldwide momentum is ``clearly continuing'' and that European demand is currently tracking within expectations. The Houston-based computer maker made the statement in response to concerns stirred up after computer-chip giant Intel Corp. (NasdaqNM:INTC - news) on Thursday issued a warning for third-quarter revenues and cited weak European PC demand. Intel's forecast shook computer-related sectors while causing its own stock to tumble. Shares of Compaq fell $1-3/8 to $29-1/2 in late Friday morning trading on the New York Stock Exchange (news - web sites). The stock's 52-week range is between $18-1/4 and $34-13/16.

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