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Technology Stocks : Compaq
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To: Elwood P. Dowd who wrote (95255)2/15/2002 10:09:08 AM
From: Night Writer  Read Replies (1) of 97611
 
Kelly dug further and found that Compaq also proved to lead in the low-end server market.

Merrill Agrees
Those findings jibe with a report on fourth-quarter spending released last month by Merrill Lynch. It found that both Compaq and H-P received high ratings when IT execs were asked to estimate the likelihood they'd spend money with the storage vendors in 2002.

Merrill Lynch First Vice President Steven Milunovich, the report's author, noted that H-P has rejuvenated its enterprise line. Uncertain of why Compaq scored so high, he speculated it was because of PC upgrades.

Anybody else think Milunovich is over his head? Compaq is ranked as number one in storage sales. How has he missed that fact? Also HP enterprise had something like a 21% sales decline last quarter. What is that guy smoking?
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