Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: hlpinout who wrote (89345)	1/30/2001 8:41:47 AM
From: Elwood P. Dowd	Respond to of 97611

Re: Michael Capellas, CEO Compaq Compute by: francis_the_bull 01/30/01 08:01 am EST Msg: 215292 of 215293 Michael Capellas, CEO Compaq Computers: CPQ Michael Capellas, CEO Compaq Computers, provides the outlook for his company at the World Economic Forum in Davos, Switzerland: -Strong growth even in a slowing PC market -50% of the business comes from servers and high end products -Ongoing strategy is to drive the enterprise side of business -Concerned about general economic conditions, but expects recovery in second half of the year due to tax cuts and lower interest rates -Projects 8% growth for next year 13%-15% growth in servers and high end of business, as infrastructure, driven by telecommunications, rolls out 6%-8% growth on the service side of business 3%-5% growth on the PC side -Sees huge market momentum and emphasizes the ability to leverage service side of business to profitability