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

To: rupert1 who wrote (55055)	3/29/1999 6:29:00 AM
From: Red Scouser	Read Replies (1) \| Respond to of 97611

Good morning Victor:Compaq Fends Off Competitors in China, Taiwan, HK Server Market Taipei, March 29 (Bloomberg) -- Compaq Computer Corp., the world's No. 3 computer maker, is seeking to boost market share in Taiwan, Hong Kong and China, where it lags only Hewlett-Packard Co. in sales of personal computer servers. Sales of PC servers, the powerful computers that run networks and handle complex data management tasks, rose 17 percent to $511 million last year in those three markets, according to International Data Corp. Sales fell 13 percent for Asia as a whole, including Australia but excluding Japan. Though such sales probably make up less than a third of Houston, Texas-based Compaq's total sales in Taiwan, Hong Kong and China, the market is critical because sophisticated servers carry fatter profit margins than personal computers. ''We can sell more storage, more memory, and other related services, so the total business opportunity for Compaq is greater,'' said Mary McDowell, general manager of Compaq's Industry Standard Server Division. In the U.S., demand for PC servers soared since their development a decade ago as companies increasingly network their computers. 02:43:25 03/29/1999 +++* OT +++ See macca got a game Sat., did not play well so Old Kev took him off. Thanks for the report on the BP deal. BA has major problems.

To: rupert1 who wrote (55055)	3/29/1999 8:07:00 AM
From: hlpinout	Read Replies (2) \| Respond to of 97611

victor, Depends on what you mean by expensive. Compaq Purchase of Shopping.com Was 'Expensive,' WSJ Reports Bloomberg News March 29, 1999, 3:44 a.m. PT Houston, March 29 (Bloomberg) -- The purchase of Shopping.com by Compaq Computer Corp., the world's largest personal computer- maker, may have been too ''expensive,'' as Shopping.com has a troubled history and needs to boost revenue, BancBoston Robertson Stephens analyst Daniel T. Niles told the Wall Street Journal's ''Heard on the Street.'' The U.S. Securities and Exchange Commission temporarily suspended trading in the online merchant last March because of evidence of manipulative activity, and company founder Robert McNulty was sued by the SEC in 1994. Even if Shopping.com isn't profitable, it's unlikely to hurt Compaq as Shopping.com is a much smaller company, said Piper Jaffray Inc. analyst Ashok Kumar, and Compaq's Alta Vista Vice President Mike Rubin told the Journal that Shopping.com could be ''big, big, big.'' Compaq said earlier this month that it completed its $220 million acquisition of Corona del Mar, California-based Shopping.com, for which Compaq paid $18.25 a share for all the outstanding shares. But from the article you posted: Even if it is a bust, however, it won't hurt Compaq much: With Compaq's financial resources and more than $50 billion market capitalization, the money spent on Shopping.com could be considered a "rounding error," says Ashok Kumar, an analyst at Piper Jaffray Inc. hio