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

To: ed who wrote (17191)	2/11/1998 2:04:00 AM
From: Paul van Wijk	Read Replies (1) \| Respond to of 97611

To those who wondered why Pieper left CPQ; PHILIPS TO GIVE ROEL PIEPER A HIGH POST Wednesday, February 11, 1998 Philips will soon recommend the appointment of Roel Pieper to its management board, a source close to the Eindhoven-based electronics concern said on Tuesday. A spokesman for Philips' supervisory board declined to comment. Pieper stepped down last month as senior vice president of US computer company Compaq, the world's biggest producer of personal computers. Several weeks earlier, Pieper had held talks with Philips president Cor Boonstra about a management position. Philips declined all comment at the time. Pieper, 41, is seen as being capable of taking over the helm from Boonstra, who said four years ago when he joined Philips that he was not planning to stay for long. Pieper is in the Netherlands today (Wednesday) to present a plan together with economic affairs minister Hans Wijers aimed at stimulating the creation of new businesses in the information and communication technology sector. The ex-Compaq chief will play a key role in the programme.