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


To: Night Writer who wrote (78688)2/23/2000 8:47:00 PM
From: Captain Jack  Read Replies (1) | Respond to of 97611
 
Feb. 18 (Omaha World-Herald/KRTBN)--Omaha-based Inacom Corp. warned
late Wednesday that its fourth-quarter loss will be a
worse-than-expected 94 cents a share before special charges, a setback
it attributed largely to a decline in sales related to clients' fears
over the year 2000 computer problem.

Inacom, which is shifting its focus from customizing and selling
business computers to providing computer services, previously warned
that it would lose between 50 and 70 cents a share. The company now
expects to post revenue of $1.54 billion for the quarter ended Dec. 31,
down 4.7 percent from its fourth-quarter 1998 top line.

In addition to projected losses from operations, Inacom said Wednesday
that it will take a fourth-quarter charge of $80 million to $100
million to increase reserves for accounts receivable. That adjustment
is on top of a previously announced charge of $100 million to $150
million.



To: Night Writer who wrote (78688)2/23/2000 10:44:00 PM
From: rudedog  Read Replies (2) | Respond to of 97611
 
NW and all - here's a fascinating review of CPQ and Capellas from Chief Executive magazine. There are two linked articles.

Take a look - well worth your time.

chiefexecutive.net
chiefexecutive.net