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Technology Stocks : Compaq

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To: hlpinout who wrote (46406)2/15/1999 7:52:00 AM
From: hlpinout  Read Replies (1) of 97611
 
Singapore, Feb. 15 (Bloomberg) -- Computer makers shipped 11
percent more personal computers to Asia-Pacific markets in the
fourth quarter of 1998, compared with the third quarter, the
Singapore Business Times reported, citing a survey by
International Data Corp. Still, falling prices cut revenue by 5.2
percent even as a record 2.89 million units were sold. Compaq
Computer Corp. was the biggest seller in Asia-Pacific with 8.5
percent of market share, followed by International Business
Machines Corp., the survey said.

Computer-related companies such as Compaq Computer, the
world's biggest maker of personal computers, and Seagate
Technology Inc., which makes hard disks, have forecast improved
Asia-Pacific sales in 1999, indicating that the region may be
recovering from its economic problems.

(Business Times, 2/15, pg. 7, asia1.com.sg

--Tan Hwee Ann in the Singapore newsroom (65) 438-8569/cb
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