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Technology Stocks : Compaq
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To: Wade Bennett who wrote (43502)1/15/1999 9:24:00 AM
From: Wade Bennett  Read Replies (2) of 97611
 
Good morning thread. FYI: Unisys Corp. posted better than expected fourth-quarter earnings due to cost cutting AND strong sales performance by the computer company's high-end hardware and services business. Revenue in the company's Information Services unit showed double-digit growth. Unisys said its services backlog at the end of the quarter was $3.4 billion, compared with $2.9 billion at the end of 1997. The $3.4 billion figure is "very conservative." See article in WSJ p. B3. Now I'm no computer services expert, but the last time I checked, CPQ was not just a box maker anymore. Thoughts?
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