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To: SecularBull who wrote (108436)	3/9/1999 12:31:00 AM
From: Tim Luke	Read Replies (1) \| Respond to of 176387

ibm/dell are engaged...i have a feeling they will be going to the alter someday

To: SecularBull who wrote (108436)	3/9/1999 7:07:00 AM
From: Dorine Essey	Respond to of 176387

Good Morning, Corrected news from Singapore: -------------------------------------------------------------------------------- In March 8 SINGAPORE story headlined "Compaq opens Asia-Pac HQ, upbeat on Asia" please read headline as...Compaq upbeat on Asia. In first paragraph, please read...Compaq Computer Corp is confident of a quick recovery in crisis-hit Asia...instead of...opened its Asia Pacific headquarters in Singapore on Monday, confident of a quick recovery in crisis-hit Asia (clarifies that it was not opening its Asia Pacific headquarters on Monday). A corrected story follows. SINGAPORE, March 8 (Reuters) - Compaq Computer Corp is confident of a quick recovery in crisis-hit Asia, a top official said on Monday. "Asia will catch up with the high level of growth," Eckhard Pfeiffer, Compaq's President and Chief Executive Officer told reporters after opening Compaq Centre. Compaq invested a total of S$3 million in the Compaq Centre and has committed to investing US$21 million in its electronic commerce, call centre activities and the Singapore engineering design centre. The Compaq centre would house the Singapore sales and marketing operations, the Association of South East Asian Nations (ASEAN) headquarters and some Asia Pacific business units. "We are still the world PC leader and the number one PC company in Singapore, I might add -- but we are also a global IT leader, with the enterprise and Internet capabilities necessary to meet customer needs," Pfeiffer said at the opening ceremony. Compaq has been in Singapore since 1986 when it set up a printed circuit board facility. Asked about competition from International Business Machines Corp's IBM.N and Dell Computer Corp's DELL.O recent large supply deal, Pfeiffer said he had not seen "anything significant." IBM agreed to a US$16 billion pact with Dell to manufacture key building blocks for Dell personal computers, supplying items such as disk drives, chips, network attachments and monitors. -- Singapore newsroom Tel 65 870-3080, Fax 65 776-8112 -- Email: singapore.newsroom@reuters.com REUTERS Rtr 05:05 03-09-99 Copyright 1999, Reuters News Service