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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Proud_Infidel who wrote (40289)	12/1/2000 4:53:14 PM
From: Grashopper	Respond to of 70976

anyone know if amat has a repurchase plan??

To: Proud_Infidel who wrote (40289)	12/1/2000 5:06:37 PM
From: Tony Viola	Read Replies (1) \| Respond to of 70976

Brian, more encouraging words from Compaq. I hope overall it's more what they're saying than what GTW and MUEI are saying. Compaq CEO Says Thanksgiving Weekend Sales 'Robust' >CPQ 12/01 11:16 (DJ) Story 2642 (CPQ) Story 2916 =DJ Compaq CEO -2: Says 4Q Inventory Positions Are 'Fine' By Anne Brady Of DOW JONES NEWSWIRES SCOTTSDALE, Ariz. (Dow Jones)--When Compaq Computer Corp. (CPQ) Chief Executive Michael Capellas showed up Thursday night for dinner and a Sheryl Crow concert at the Credit Suisse First Boston Technology Conference here, he expected the mood to be a bit somber, given the recent declines in the stock market. Instead, he said, he was surprised to find people very warm and friendly. "Everyone wanted to know how my Thanksgiving was," he quipped Friday morning, speaking at the investment conference at the Phoenician resort. Late Wednesday, Gateway Inc. (GTW) cited poor sales over the Thanksgiving weekend when it revised downward its earnings guidance for the fourth quarter and for 2001. Gateway executives said the slowdown was not company-specific, but Capellas said Friday that Compaq sales over the winter holidays' top shopping period were strong. "We did see pretty robust sales over Thanksgiving," said Capellas. "So for all those people who ask, 'How was your Thanksgiving?', it was just fine, thank you. "Looking at the fourth quarter, our inventory positions are fine. So far, demand is on target. There is no change in guidance from us. We're on target for what we said we were going to do." Compaq shares have fallen recently along with other technology stocks, as companies such as Intel Corp. (INTC), Apple Computer Corp. (AAPL) and Gateway have lowered earnings expectations. But Capellas expressed cautious optimism for his company looking forward. "The glass, I do believe, is half full," said Capellas. "Christmas will indeed come." Anne Brady, Dow Jones Newswires; 602-258-2003; anne.brady@dowjones.com (END) DOW JONES NEWS 12-01-00 11:56 AM