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Technology Stocks : Compaq

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To: hpeace who wrote (9818)11/29/1997 9:43:00 AM
From: chirodoc  Read Replies (2) of 97611
 
barrons on comdex pc's--who says compaq won't burn the competition in emerging markets?

<<<<<<Meanwhile, the dynamics of the Brazilian PC market have been shifting against Vitech. Luis Anavitarte, a senior analyst at San Jose-based Dataquest, says sales of brands sold only in Brazil have been losing ground to multinationals like Compaq Computer, IBM, Hewlett-Packard and Acer, as the big boys cut prices to keep up with the locals. In the third quarter, for instance, sales of Compaq computers grew 75% in Brazil, despite the slight drop in overall demand. Compaq now has 16% of the Brazilian market, more than twice the No. 2 competitor, a Brazilian manufacturer called Itautec.
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