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

To: PCSS who wrote (91322)	5/16/2001 5:15:28 PM
From: tonyt	Respond to of 97611

AFTER THE BELL - Hewlett-Packard rises NEW YORK, May 16 (Reuters) - Hewlett-Packard Co. (NYSE:HWP) rose in after-hours trading on Wednesday after reporting pro forma second quarter earnings that beat reduced estimates. The company reported after the close of regular trading that pro forma earnings per share fell to 18 cents compared to pro forma earnings per share from continuing operations of 43 cents a share in the year ago quarter. Pro forma earnings in the current quarter included $155 million in extraordinary inventory and capacity write-downs. The mean of analysts' estimates was for 15 cents a share. Its shares climbed to $27.94 in after-hours trading, according to Instinet, after a regular close of $26.74 on the New York Stock Exchange. Its top executive said that third-quarter earnings per share estimates were reasonable, but warned sales could be softer. "Our results continue to be impacted by significant macroeconomic challenges and particular weakness in consumer and capital spending in the U.S. and Europe," said Carly Fiorina, chairman, president and chief executive officer. "But we can't pin all of our issues on the economy." Copyright 2001, Reuters News Service

To: PCSS who wrote (91322)	5/16/2001 10:18:21 PM
From: Elwood P. Dowd	Read Replies (1) \| Respond to of 97611

DELL to use AMD processors: by: kurtep 05/16/01 10:14 pm EDT Msg: 235544 of 235544 AMD, Dell Dealing On Mobile Chips (05/16/01, 8:12 p.m. ET) By Edward F. Moltzen, CRN Advanced Micro Devices has cut a deal with Dell Computer Corp.—the last major PC vendor not using its processors—to use its new mobile chips in laptops, according to a financial analyst. Eric Ross, who covers AMD (stock: AMD) for Thomas WeiselPartners, San Francisco, said the deal is on track to be announced next month. Such a deal would be significant for AMD, as Dell (stock: DELL) had been the last major PC maker to have an exclusive OEM agreement with chip giant Intel Corp. (stock: INTC). In fact, barely a week ago, AMD chairman Jerry Sanders told analysts at a Merrill Lynch conference in New York that he still thought it was unlikely that Dell would ever use AMD chips. But Ross says the two companies now have an agreement.