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Technology Stocks : Compaq

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To: Kevin A. Lynch who wrote (6737)10/16/1997 7:31:00 AM
From: Satish C. Shah   of 97611
 
Here is a bigger picture.....
HOUSTON, October 16, 1997 - Compaq Computer Corporation (NYSE: CPQ) today announced record worldwide sales of $6.5 billion for the third quarter ended September 30, 1997, an increase of 31 percent compared to the third quarter of 1996 and a 56 percent unit growth for the same period. Net income increased by 54 percent to a record $562 million or $.71 per share, excluding a $44 million or $.06 per share non-recurring charge for merger related costs. Net income after the non-recurring charge for the merger related costs was $517 million or $.65 per share.
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