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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Tim Luke who wrote (26103)	4/9/1999 4:59:00 PM
From: Angela B.	Read Replies (1) of 90042

Tim, There goes our Monday... HOUSTON--(BUSINESS WIRE)--April 9, 1999--Compaq Computer Corporation (NYSE: CPQ.N) announced that, based on preliminary analysis of its results for the quarter ended March 31, 1999, it expects to report results below analysts' estimates. Based upon a $9.4 billion revenue estimate and a less favorable sales mix, the Company now expects to report a profit of approximately $.15 per share. "The quarter's shortfall reflects lower than anticipated market demand and increased competitive pricing in the commercial PC sector," said Earl Mason, Senior Vice President and Chief Financial Officer. These statements regarding estimated results are preliminary. The Company expects to announce its final results on April 21, 1999

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