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

To: Nick who wrote (14267)	1/21/1998 7:29:00 AM
From: Richie	Respond to of 97611

The way i see it from here is we hover at 30 best case...... with a positive CC otherwise......well....lets not even consider that just yet. RichieH

To: Nick who wrote (14267)	1/21/1998 7:29:00 AM
From: Dr. Doktor	Read Replies (1) \| Respond to of 97611

From the official company release: "These results reflect an excellent fourth quarter and an outstanding year for Compaq," said Eckhard Pfeiffer, Compaq's President and Chief Executive Officer. "We continued to execute well across all areas of our business. Compaq's volume grew more than 2 1/2 times the industry's rate(a) while increasing profitability. This is remarkable growth for a $24.6 billion company." "Compaq continues to demonstrate solid financial progress, as shown by improvements in earnings and the growth of gross margins to 27.6 percent in the fourth quarter," said Earl Mason, Compaq's Senior Vice President and Chief Financial Officer. "Our focus on asset management lifted our cash balance 66 percent from the previous year to $6.8 billion and increased our Return on Invested Capital from 49 percent to 90 percent for the fourth quarter." Outlook "Our outlook, despite weakness in Asia, calls for a strong 1998," said Pfeiffer. "We're confident that Compaq will be well-positioned to continue to accelerate market share gains and improve profitability. Customers are increasingly relying on Compaq to provide the most innovative, cost-effective and flexible products to meet their computing needs. Compaq's enterprise computing business, including servers, workstations, clustering technology, primary and secondary storage products, and massive parallel fault-tolerant solutions, accounted for 37 percent of our business in the fourth quarter. With the success of the Tandem merger, we can continue to attract world-class partners and drive Compaq's enterprise business momentum." Company Background