Compaq Message Board - Msg: 8994458

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Technology Stocks : Compaq

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To: Richie who wrote (58438)	4/18/1999 7:27:00 PM
From: E_K_S	Read Replies (1) of 97611

"...Benjamin Rosen, Compaq's new acting chief executive, said in a phone interview that the Houston-based company had been too slow under its previous management in capitalizing on market opportunities in the PC business and beyond..." from a telephone interview this evening by Reuters. (http://biz.yahoo.com/rf/990418/cy.html) "...We would like to focus on first is to accelerated the speed of our decision making," Rosen said. "In some way we have been too slow.. we want to try and get a head of the curve,'' he said of plans to attack growing market segments...." "...The computer world is in a lot of turmoil, "Rosen told Reuters in a phone interview Sunday. "The issues are very complex and we felt we really needed a change in the leadership in order to keep our position as the industry leader..." I do not know what to make of this statement... "...Rosen said the terms of Pfeiffer's departure from the company were spelled out in his original employment contract signed when he took over as the company's president and chief executive in the early 1990s..." Does this mean a large Golden Parachute? EKS

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