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Technology Stocks : Compaq
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To: rupert1 who wrote (47528)2/9/1999 7:33:00 PM
From: uu  Read Replies (1) of 97611
 
Compaq (CPQ) Chief Financial Officer Earl Mason said he's "comfortable" with Wall Street's 1999 forecast of $43.5 billion in revenue for the company, up from $31.2 billion in 1998. The company sees double-digit growth in its services business this year as it adds an increased focus on services to its traditional hardware offerings. He said the company's direct marketing of computers (vs. retail sales) have been successful and that the company is stealing share from rivals Gateway and Dell. Compaq's Prosignia line of computers has shipped two times original forecasts since its debut last year, according to Mason.

For full story see: cbs.marketwatch.com
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