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

To: PCSS who wrote (52316)	3/9/1999 3:43:00 PM
From: Mao II	Read Replies (4) \| Respond to of 97611

Michael: "...When CPQ comes back and it will, it will be BIG and furious...." Sounds kind of like the potential scene at the annual meet. M2

To: PCSS who wrote (52316)	3/9/1999 3:46:00 PM
From: Elwood P. Dowd	Respond to of 97611

Healthy Q1 PC demand, 1999 price pressure seen NEW YORK, March 9 (Reuters) - The research firm International Data Corp. said Tuesday it expects healthy first quarter demand for personal computers, led by vibrant U.S. and Western European markets, but sees PC prices continuing to weaken during 1999. Framingham, Mass.-based IDC expects the number of PCs shipped worldwide in the first quarter to grow 14.1 percent and sees the Asia-Pacific market, excluding Japan, showing continuing signs of a rebound. Following a well-established seasonal pattern, first-quarter volume is expected to fall 14.7 percent from the 1998 fourth quarter, IDC said. It expects 103.2 million PCs to be shipped from factories in 1999, an increase of 14.3 percent from 1998. Signs of continuing price pressure in the PC market are reflected in IDC's outlook for growth in the dollar value of PC shipments: It sees a rise of just 4.8 percent in 1999, to $178.4 billion. Low projected growth in the value of 1999 PC shipments shows the continued slide in consumer, commercial desktop and portable PC prices, IDC said. On a worldwide basis, Compaq Computer Corp. (NYSE:CPQ - news) was the top PC seller in the 1998 fourth quarter, lifting its market share by a fraction to 15.3 percent. International Business Machines Corp. (NYSE:IBM - news) was No. 2 with a 9.7 percent market share, down slightly from a year earlier. Dell Computer Corp. (Nasdaq:DELL - news) was third, increasing its market share to 8.4 percent from 6.2 percent. (Note: this article is ''in progress''; there will likely be an update soon.)

To: PCSS who wrote (52316)	3/9/1999 4:06:00 PM
From: rupert1	Respond to of 97611

Michael: I noticed that you originally thought that CPQ would probably do something to calm the markets. I agree with fooledalot that they have judged that it is better to say nothing. By now they will know how February went and how March is shaping up. I suppose there will be a point in the third week when they will have their answer. But I think that takes them into the quiet period, doesn't it? Last quarter, in the quiet period, EP gave interviews in which he exuded quiet confidence. It's difficult to see what they can do now - except go about their business and exude confidence, if they are confident. Obviously, there is much scope for a recovery rally to mid-April. But some of the questions being asked the PC sector will be with us for the balance of 1999. CPQ must emerge from April with a very srong message that it is not merely a PC company. I agree with you that once the rally starts it could move several points quickly.