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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?

To: Piotr Koziol who wrote (65368)	7/20/1999 8:30:00 PM
From: Captain Jack	Read Replies (2) \| Respond to of 97611

<<"The First Call consensus estimate is a loss of 11 cents per share.">> Whisper coming with Hellman mumbleings--- if the mkt stops bleeding we could see 26 out of all this.. Not all positive but no where near as negative as things have been... Compaq close to naming new CEO CNBC says former TRW executive will be at helm By Janet Haney, CBS MarketWatch Last Update: 5:56 PM ET Jul 20, 1999 NewsWatch HOUSTON (CBS.MW) -- Compaq Computer could name former TRW executive Peter Hellman as its new chief executive officer, CNBC reported. A Compaq (CPQ: news, msgs) spokesperson wasn't immediately available for comment. A TRW spokeswoman couldn't confirm the appointment, but said Hellman, former president and chief operating officer, hasn't been with TRW for "at least six months." Jonathan Ross, analyst at ABN Amro said the possible appointment of Hellman to lead Compaq wouldn't "imply major out-of-the-box thinking." "They [Compaq] have to be near the point" of announcing a new CEO, he said. Ross added that if Compaq drags out its CEO appointment much longer, it will get "uncomfortable." David Bradley, analyst at J.P. Morgan Securities, said Hellman was "well liked by the investment community" and has "manufacturing expertise." Bradley said "lean manufacturing is something that the computer industry may not be as good at... TRW's mainly auto parts." TRW makes auto products as well as space and defense systems. A new CEO decision could coincide with the release of Houston-based Compaq's second-quarter results on July 28. The company warned on June 17 that it sees a second-quarter loss of as much as 15 cents a share. See archived story. The First Call Corp. consensus estimate is a loss of 11 cents per sha