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

To: rupert1 who wrote (28384)	6/30/1998 1:40:00 PM
From: rupert1	Read Replies (1) \| Respond to of 97611

Thread: E.P. just interviewed on CNBC "Europe Tonight". Usual stuff. He spoke of the $4.7 billion write-off. Said the 5,000 job cuts were manufacturing only and others would follow. Said the DEC deal would become accretive "in six months", "at the end of the fourth quarter". Said inventory levels had been taken care of, that company now operating "at the lowest inventory levels in years". Reiterated that revenues would grow to $50 billion "in 2000" seemd to suggest at the end of 2000. Claimed to be No. 1 in PCs and Computer Systems, saw growth in the 70% of the market which was based on industry standards. Noted that National Semiconductor and AMD chips becoming increasingly important in the sub-$1000 units: mentioned that Alpha would allow growth in the higher end. No mention of stock price. Victor