Compaq Message Board - Msg: 6423223

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To: Yargnad who wrote (36586)	11/15/1998 12:05:00 AM
From: Night Writer	Read Replies (1) of 97611

*Slightly OT** Ever think about buying some oil stock while it is down? NW A Look at the Week in Business .c The Associated Press By KAREN SCHWARTZ Computer makers are still making money; oil companies scale back amid lean times, and the economy keeps chugging along. A look at what happened in business this past week: COMPUTER COMEBACK Dell Computer Corp.'s@ strategy of selling computers directly over the Internet continued to pay off as its third-quarter profits jumped 55 percent. The direct-sales approach is so successful that rival ^Compaq Computer Corp.@ said it will bypass distributors to start selling a new line of desktop computers directly to customers. Intel Corp.@ reported its fourth-quarter sales would exceed Wall Street forecasts because of surprisingly strong demand for personal computers that use its microprocessor chips. Intel is considered by many market watchers to be a barometer of trends in computer hardware and software. The results will be released in January. Intel expects revenues to be 13 percent higher than a year earlier.

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