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Technology Stocks : How high will Microsoft fly?
MSFT 476.24+0.3%Dec 16 3:59 PM EST

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To: rudedog who wrote (51819)10/20/2000 11:40:30 AM
From: johnd  Read Replies (1) of 74651
 
Compaq: Comfortable with Inventory
Levels

HOUSTON (Reuters) - Compaq Computer Corp.
(NYSE:CPQ - news) said on Friday that it is comfortable with
third quarter channel inventory levels, in response to industry
concerns.

Industry analysts regard inventory levels for personal computer
makers with great importance, since slow-selling products or
computer parts become outdated in a fairly short period of
time.

Dataquest and IDC are set to issue third quarter shipment
statistics over the weekend.

The company said it will report third quarter results after the
market closes on Tuesday, Oct. 24.

Compaq shares closed at $27.70 on Thursday.
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