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

To: zsteve who wrote (46155)	5/3/2001 1:31:59 PM
From: zsteve	Read Replies (1) \| Respond to of 70976

geeez, all the bad news comes same day? who should i believe? Intel or box makers? biz.yahoo.com Compaq's Capellas: No consumer PC demand recovery NEW YORK, May 3 (Reuters) - Compaq Computer Corp. (NYSE:CPQ - news) Chairman Michael Capellas on Thursday said he has yet to see signs of a recovery from the soft consumer demand that has crippled personal computer makers. ``The consumer business is going to continue to remain weak,'' Capellas said. ``We have not seen that step up.'' But international markets remain stable, the chief of the world's No. 2 PC maker said in remarks at the Merrill Lynch Hardware Technology Conference here. ``We have seen pretty stable international markets,'' he said. However, ``I am starting to get worried about currency volatility,'' he said. Earlier on Thursday, Capellas told Reuters that Compaq would continue to cut prices in its fight to regain market share lost to top rival Dell Computer Corp. (NasdaqNM:DELL - news) and other PC makers. Dell stole the top spot from Compaq during the first quarter.