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 : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: D. Swiss who wrote (100381)	2/16/1999 3:05:00 PM
From: Mohan Marette	Read Replies (3) \| Respond to of 176388

The 'Bluffer' missive- Is this guy for real? Drew: I presume you like a good laugh.<vbg> The last part ain't bad but the thing about being the leader in Internet and everything is a hoot. And look what he says about Alta Vista's valuation very impressive answer(NOT),and he runs the company? ===================================== Tuesday February 16 2:18 PM ET Compaq Says 1999 Is Its Internet Year By Neil Winton, Science and Technology correspondent LONDON (Reuters) - Compaq Computer Corp. (NYSE:CPQ - news) CEO Eckhard Pfeiffer said Tuesday he wants 1999 to be the year when the world's largest personal computer maker starts to take on leadership of the Internet. ''Our top strategic priority is Internet leadership in the industry,'' Pfeiffer, who is also Compaq's president, said at a news conference. The Houston-based company has a world market share of just under 16 percent, heading International Business Machines Corp. (NYSE:IBM - news), Dell Computer Corp. (Nasdaq:DELL - news), and Hewlett-Packard. Companies like IBM and Microsoft Corp. (Nasdaq:MSFT - news), the world's leading software company, have staked claims to lead the new business of electronic commerce generated over the Internet, where consumers buy cars, books and CDs using their PCs, or businesses slash costs by automating supply chains. Isn't it a bit late for Compaq to join this battle? ''We are ahead of everybody else,'' Pfeiffer told Reuters in an interview. ''You may say that's just talk, but let me give you the facts. We have not been communicating how strong Compaq is in the total Internet structure.'' He said Compaq products were now all fitted with a so-called Internet button -- press the button and you go straight to the Internet. ''We are the leader now and we are focusing all our business strategies on the Internet. So far we have been very noiseless about this,'' he said. ..................... Compaq acquired AltaVista as part of its takeover of Digital Equipment Corp. last year. Pfeiffer told a questioner at the news conference that Compaq saw much financial leverage in the planned offering because of the high valuation of Internet stocks. When asked how much the company might be worth, Pfeiffer said: ''Half a billion dollars, a billion dollars, I don't know, they are just numbers.'' .............. He said he expected demand for personal computers from big corporations to drive sales worldwide in the first half of 1999. ''There are lots of companies out there that still need to buy our products to become year 2000 compliant,'' Pfeiffer said. He said first half demand from large companies would decline but be taken up in the second half by smaller businesses, which had left millennium computer bug compliance efforts to the last minute. The fourth quarter would be boosted by seasonal consumer buying. Pfeiffer reiterated Compaq's target to increase revenues to $50 billion by 2000. Compaq revenues hit $31.2 billion in 1998, and should reach $43.5 billion in 1999.