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: Richie who wrote (42521)	1/7/1999 8:58:00 AM
From: Elwood P. Dowd	Respond to of 97611

EP from Bloomberg by: hlpinout 48450 of 48451 Bloomberg News January 7, 1999, 5:00 a.m. PT Houston, Jan. 7 (Bloomberg) -- Compaq Computer Corp. Chief Executive and President Eckhard Pfeiffer said he expects stronger growth in the personal computer market in Europe than in the U.S. and is comfortable with expectations for the PC market to grow 13 percent to 15 percent in 1999, CNBC reported. Pfeiffer said Compaq's acquisition of Digital Equipment Corp. should bring ''synergies'' this year, and said Compaq plans to offer all its products on its Internet site this year. He said an Asian recovery and Chinese demand for PCs should contribute to PC market growth, and that ''Compaq has always been growing at a higher rate than the market, and we believe it will continue to be a big PC market,'' Pfeiffer said on CNBC. Compaq, the world's No. 1 computer maker, which completed its acquisition of Digital in June, said in October that third- quarter earnings fell less than expected as it pared inventories of PCs. (CNBC 1/7 www.msnbc.com) --Jonathan Make in the Princeton newsroom (609) 279-4065 sgp