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To: Venkie who wrote (79155)11/12/1998 5:17:00 PM
From: Elwood P. Dowd  Read Replies (3) | Respond to of 176387
 
VENKIE..... DELL 65 7/8 in after hours. Fell .02 short of the whisper number. look for DELL to come back down to earth from here. The golden days are over for this nose-bleeder. El



To: Venkie who wrote (79155)11/12/1998 5:25:00 PM
From: Elwood P. Dowd  Read Replies (1) | Respond to of 176387
 
Compaq foresees market-share grab

By Brenon Daly, CBS MarketWatch
Last Update: 3:06 PM ET Nov 12, 1998
NewsWatch

SAN FRANCISCO (CBS.MW) -- Compaq Computer, the world's largest
personal-computer maker, will take market share away from rivals in the
coming year, a company executive said Thursday.

John Nicholson, a Compaq (CPQ) vice president, said
a key to the company's performance is the
direct-sales initiative announced Wednesday. See
related story.

Following the leader

The move matches earlier steps from rivals Dell
Computer (DELL) and Gateway (GTW). High-flying
Dell is set to report third-quarter results after the
market closes Thursday. See related story.

Compaq sells both PCs and -- through its acquisition
of Digital Equipment earlier this year -- larger
corporate computers.

Nicholson said he sees "strong demand" for
computers next year, adding that he's "encouraged"
by a report from the Semiconductor Industry
Association that projects chip manufacturers should
see sales growth of 9.1 percent in 1999. See related story.

Busy CEO

Nicholson was speaking at Oracle OpenWorld. Originally, Compaq's chief
executive, Eckhard Pfeiffer, was slated to give the speech at Oracle's annual
get-together, but the company's new direct-sales program has him tied up,
Nicholson said.

Pfeiffer did appear briefly in a satellite address. A number of the 10,000 or so
attendees left after Pfeiffer's five-minute introductory speech.

Thursday marked the first time Compaq has sponsored a day at OpenWorld.
Other full-day sponsors at Oracle's meeting included Sun Microsystems and
Intel.