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To: PAL who wrote (71956)10/14/1998 12:25:00 PM
From: Mohan Marette  Respond to of 176387
 
Sees NO slowdown in 1999.

Paul

Imagine what this means to DELL,I hear the cash register ringing do you?

Wednesday October 14, 12:00 pm Eastern Time

(Note: this article is ''in progress''; there will likely be an update soon.)

Compaq sees no 1999 sales slowdown

HOUSTON, Oct 14 (Reuters) - Compaq Computer Corp. does not foresee a slowdown in spending on technology next year, at least not in its main markets, Chief Financial Officer Earl Mason said Wednesday.

He told Reuters in an interview that sales in North America and Europe, from which Compaq draws 85 percent of its revenues, were strong and would continue to be so because of continuing demand for better, cheaper technology.

''What's driving the market right now are Year 2000 conversions, cost-reduction activities in general and the Internet,'' Mason said.