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

To: Captain Jack who wrote (83196)	7/3/2000 2:46:37 PM
From: Piotr Koziol	Read Replies (1) \| Respond to of 97611

Have we sold $105,000,000 of Wildfires already ? (350,000.00 x 300 = 105,000,000.00)<br><br><br> As reported by Motley Fool Author: jtkidd <br><br><br> Number: of 16206 <br><br><br> Subject: Blackmore on CPQ! <br><br><br> Date: 7/3/00 2:14 PM <br><br><br> Taipei, July 3 (Bloomberg) -- Peter Blackmore, senior vice president for<br><br><br> worldwide sales and service at Compaq Computer Corp., the world's<br><br><br> largest seller of personal computers, made the following comments about<br><br><br> sales, inventory, the AlphaServer product line and wireless technologies. <br><br><br> On overall demand: <br><br><br> ``June shipments worldwide were exactly what we had planned. We hit our<br><br><br> objectives for shipments. <br><br><br> ``We now have the strongest product line-up we've ever had in our history.' <br><br><br> On a downgrade Friday by Salomon Smith Barney Inc. analyst Richard<br><br><br> Gardner, who said Compaq retail channel inventories were too high: <br><br><br> ``The SSB report was completely erroneous. Phone around to<br><br><br> retailers, and you'll find nothing wrong with channel inventory. It was<br><br><br> an unfortunate report' and a ``ridiculous report.' <br><br><br> On sales of its AlphaServer GS server, introduced in May: <br><br><br> ``Well over 300 orders have been received. It's been hugely successful,<br><br><br> winning a lot of business from the competition. <br><br><br> ``We said $1 billion in sales this year (from AlphaServer GS), and we are on<br><br><br> track to do this.' <br><br><br> The server is targeted at high-end users who need to run Internet Web sites<br><br><br> or other complex tasks in communications, finance and the like, he said. An<br><br><br> average system costs about $350,000 to $400,000. <br><br><br> Customers in the U.S. include E*trade Group Inc., while Asian customers<br><br><br> include Hong Kong's ESD Services and Taiwan's Far EasTone<br><br><br> Telecommunications Ltd. <br><br><br> Jul/03/2000 9:10 ET <br><br><br> Just sick of Analysts who act for personal gains. I can assure you that<br><br><br> SSB is not behind Gardner on this call.