Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Night Writer who wrote (36069)	11/9/1998 11:16:00 PM
From: Elwood P. Dowd	Read Replies (1) \| Respond to of 97611

Compaq Increases Leading Position in Sm. Accts. to 21.2% NOV 9, 1998, M2 Communications - According to the new figures from Dataquest, Compaq Computer Ltd has extended its market share leadership over its rivals in the UK total PC market for unit shipments in Q3 1998, with an 21.1 per cent market share, up from 17.5 per cent in the same quarter last year. This places Compaq 7.9 percentage points ahead of its nearest rival, compared to a lead of 6.4 per cent in Q3 1997. In Q3 1998 Compaq UK shipped more units than its two nearest rivals put together. Compaq has increased its market share and number one position in the UK small accounts market to 21.2 per cent in Q3 1998, up from 16.7 per cent in the same quarter last year. This equates to growth of 57.2 per cent between Q3 1997 and Q3 1998, placing Compaq 8.5 percentage points ahead of its nearest rival. Compaq also extended its market share in large accounts to 33.1 per cent, up from 25.6 per cent in Q3 1997. This is equivalent to a 59.5 per cent growth rate over the same quarter last year and places Compaq 14.9 percentage points ahead of its nearest competitor. "Compaq's strong market share growth is testimony to the strength of our products and the success of our indirect channel model. We have experienced exceptional growth in large corporate accounts which is a sign that they are happy with what the new Compaq has to offer," said Joe McNally, vice president and managing director of Compaq Computer Ltd. "Our number one position in the small and medium business sectors is particularly satisfying as it shows that these companies view the added value offered by the indirect channel as being best for them." In addition during Q3 1998, Compaq retained its lead in the desk-based PC and total PC server market with market share of 21.5 per cent and 45.4 per cent respectively and regained its number two position in the portables market with a market share of 14 per cent. Company Background Compaq is the second largest computer company in the world and the largest global supplier of personal computers. Compaq develops and markets hardware, software, solutions, and services, including industry-leading enterprise computing solutions, fault-tolerant business-critical solutions, networking and communication products, commercial desktop and portable products and consumer PCs. The company is an industry leader in environmentally friendly programmes and business practices. Compaq UK was established in 1984 and is headquartered in Richmond, Surrey. Its products and services are sold and supported through a network of marketing partners across the UK. Customer advice, reseller locations and information about Compaq and its products can be found at www.compaq.co.uk or by calling the Compaq Call Centre on 0845 270 4000. This is the Compaq UK telephone number for publication (all calls are charged at local rates).

To: Night Writer who wrote (36069)	11/9/1998 11:29:00 PM
From: Elwood P. Dowd	Read Replies (2) \| Respond to of 97611

Compaq, ETrade to Announce Options Venture Compaq, ETrade Founder to Announce Options Venture (Repeat) Bloomberg News November 9, 1998, 4:39 p.m. PT Compaq, ETrade Founder to Announce Options Venture (Repeat) (Repeats to add dropped word in fifth paragraph.) New York, Nov. 9 (Bloomberg) -- Compaq Computer Corp. and the chairman of ETrade Group Inc. are expected tomorrow to unveil the first fully electronic market to trade options, traders and analysts said. A press conference is scheduled for 9 a.m. at Windows on the World at the World Trade Center in New York. The briefing will include details of a new ''domestic exchange,'' a press release from a public relations firm said. Michael Schwartz, chief options strategist at CIBC Oppenheimer, said there's speculation among traders and market makers at the four major options exchanges that a new electronic trading system will be introduced. ''There is anxiety about a centralized electronic options exchange,'' he said. ''Market makers are concerned they'll lose order flow.'' William Porter, chairman and founder of ETrade, the second- largest online brokerage, will participate in the press conference, the release said, though the new market won't be an ETrade venture. Compaq and a ''consortium of broker-dealers'' will also be involved, the release said. Compaq and E*trade didn't return calls for comment. A spokesman for the Chicago Board Options Exchange, the nation's largest options exchange, had no comment. Options offer to the right to buy or sell a specific security, such as a stock or bond, for a fixed price during a certain period. Electronic networks allow traders to buy and sell securities directly from each other, bypassing intermediaries. A group of firms that trade options on U.S. exchanges recently formed a committee to pressure the options markets to confront the threat of electronic exchanges. The existing exchanges need to cut expenses and improve computer technology to lower the cost of trading, said Eric Noll, an executive with Susquehanna Investments, one of seven firms that created the so- called Market Enhancement Committee. Exchanges ''are not adequately prepared for the competition that they are going to face,'' Noll said. ''It's expensive to trade options,'' he said. --Philip Boroff in the New York newsroom with reporting by Phil