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

To: rupert1 who wrote (74382)	12/22/1999 5:28:00 AM
From: rupert1	Respond to of 97611

Patchy 4Q sales in Europe - COMPAQ 9% down in October, 10% up in November. ____________________________________________________________ December 22, 1999 ---------------------------------------------------- European Sales of PCs Stay Strong On Small-Business, Retail Buying By NEAL E. BOUDETTE Staff Reporter of THE WALL STREET JOURNAL European personal-computer sales are remaining robust in the fourth quarter, as strong small-business and retail buying is more than offsetting a substantial drop in corporate purchasing ahead of the millennium change, according to market researcher Context. Based on preliminary figures, London-based Context expects fourth-quarter PC unit sales in Europe to rise by between 15% and 18%. This comes after a 21% rise in the third quarter, when large corporations were still buying computers as part of their year-2000 preparations. With the new year just around the corner, fourth-quarter corporate sales have been hit hard. Context estimates that PC sales to large companies in the U.K. fell 45% in October and 33% in November from a year earlier. In Germany the picture was better, with corporate PC sales growing 30% in October and then slowing to a 6% rise in November. PC makers that depend heavily on corporate sales were most affected. International Business Machine Corp.'s U.K. sales were down 42% or more in October and November. Compaq Computer Corp.'s sales in Britain fell 9% in October but rose 10% in November Context partner Jeremy Davies said he had little data on Dell Computer Corp.'s sales, but he expected the company to do well because of a strong presence in small- and medium-size companies. "I don't see any particularly sad faces around Dell these days," he said. Overall, the fourth quarter looked pretty good. As many small businesses are still working on Y2K programs, they are still buying new computers. Consumers are snapping up ever-more-affordable home computers as they rush to get hooked up to the Internet. "The whole Internet phenomenon has been moving much faster than anyone expected," Mr. Davies said. "So you've got pent-up retail demand that is kicking in because prices have come down so much." Write to Neal E. Boudette at neal.boudette@wsj.com

To: rupert1 who wrote (74382)	12/22/1999 5:34:00 AM
From: rupert1	Read Replies (1) \| Respond to of 97611

Was he a CFO target for COMPAQ? December 23, 1999 ------ Kodak Hires Brust of Unisys As Chief Financial Officer By JOANN S. LUBLIN Staff Reporter of THE WALL STREET JOURNAL Eastman Kodak Co. has poached Unisys Corp.'s finance chief as its new chief financial officer, individuals close to the situation said. The Rochester, N.Y., photography company is expected to announce this morning that Robert H. Brust, 56 years old, will become its finance chief, starting in January. Mr. Brust joined Unisys in March 1997 as chief financial officer and a senior vice president. He previously was finance vice president for General Electric Co.'s plastics business. "It's a big coup for Kodak," one person close to the situation observed. The Kodak position opened up last May upon the death of Harry L. Kavetas, its 61-year-old finance chief. At that time, Kodak named Jesse J. Greene Jr. as acting chief financial officer. With many major companies such as American Express Co. and Compaq Computer Corp. seeking experienced finance chiefs to fill their chief-financial-officer slots, Mr. Brust has been heavily courted by recruiters. Kodak's search was handled by a newly acquired unit of Korn/Ferry International formerly known as Crist Partners