Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Mohan Marette who wrote (136288)	7/12/1999 2:12:00 PM
From: BBG	Respond to of 176387

CHU as in CHU CHU train leaving the station... VBG <eom> BBG

To: Mohan Marette who wrote (136288)	7/12/1999 2:21:00 PM
From: T L Comiskey	Read Replies (1) \| Respond to of 176387

Mohan....old news..?....if so my apologies....Tim..........Monday July 12, 1:59 pm Eastern Time Compaq introduces new PC's and cuts prices NEW YORK, July 12 (Reuters) - Compaq Computer Corp. (NYSE:CPQ - news), the world's largest maker of personal computers, said Monday that improved inventory efficiencies have allowed it to cut prices as it introduces two desktop PC models for $949 and $1,849. The embattled company, whose stock price has fallen by half since January amid stiff competition from other computer makers, said that as a result of the lower pricing on the two new Deskpro models, prices for other PCs in its Deskpro line have fallen by up to 11 percent. Compaq, also facing a management vacuum as a result of an exodus of senior executives, is hoping the drop in prices translates into a rise in sales. ''We always see a bump when that happens. The whole point of these price reductions is to push sales,'' a Compaq spokesman told Reuters. The new Deskpro ''EN'', which is the more expensive of the two, is 36 percent smaller than a conventional desktop PC, but does not compromise performance, the company said. In a statement, Compaq noted its recently-announced Distributor Alliance Program has brought, ''efficiencies in channel inventory management'', which allow it to charge less for its Deskpro products. Distributing efficiency has been a central factor in the success of Compaq's main competitors, such as Dell Computer Corp.(Nasdaq:DELL - news). and Gateway Inc.(NYSE:GTW - news). The new ''EN'' and ''EP'' models can run on Intel Corp.'s (Nasdaq:INTC - news) latest and most advanced Pentium III processor, as well as on Intel's slightly slower Celeron processor, the company said. Compaq's statement noted that both products have been prepared for the so-called Y2K problem. Year 2000 or Y2K compliance refers to getting rid of a flaw in existing computers whose outdated software prevents them from distinguishing between the years 2000 and 1900, which some fear could lead to computer failure. In late morning trade on the New York Stock Exchange, Compaq shares were up 31 cents at $26.44.