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

To: Jimbo Cobb who wrote (56287)	4/9/1999 5:01:00 PM
From: Lynn	Read Replies (2) \| Respond to of 97611

First of 3 news items: biz.yahoo.com Friday April 9, 4:29 pm Eastern Time Company Press Release Compaq Announces Preliminary First Quarter Results HOUSTON--(BUSINESS WIRE)--April 9, 1999--Compaq Computer Corporation (NYSE: CPQ - news) announced that, based on preliminary analysis of its results for the quarter ended March 31, 1999, it expects to report results below analysts' estimates. Based upon a $9.4 billion revenue estimate and a less favorable sales mix, the Company now expects to report a profit of approximately $.15 per share. ''The quarter's shortfall reflects lower than anticipated market demand and increased competitive pricing in the commercial PC sector,'' said Earl Mason, Senior Vice President and Chief Financial Officer. These statements regarding estimated results are preliminary. The Company expects to announce its final results on April 21, 1999. Business Outlook ''While market conditions will continue to be competitive, we fully intend to expand our business and grow market share profitably in 1999,'' said Eckhard Pfeiffer, President and Chief Executive Officer. ''We will roll out our enterprise strategy next week as 4,500 customers join us in Houston for Compaq's Innovate 99. The Company will continue its aggressive drive of reduction of cost and operating expenses in the face of a very competitive market.'' Company Background Compaq Computer Corporation, a Fortune Global 100 company, is the second largest computer company in the world and the largest global supplier of computer systems. Compaq develops and markets hardware, software, solutions, and services, including industry-leading enterprise computing solutions, fault-tolerant business-critical solutions, networking and communication products, commercial desktop and portable products and consumer PCs. The Company is an industry leader in environmentally friendly programs and business practices. Compaq products are sold and supported in more than 100 countries through a network of authorized Compaq marketing partners. Customer support and information about Compaq and its products are available at compaq.com or by calling 1-800-OK-COMPAQ. Product information and reseller locations are available by calling 1-800-345-1518. This release contains forward-looking statements based on current expectations that involve a number of risks and uncertainties. The potential risks and uncertainties that could cause actual results to differ materially include the implementation of operations and systems improvements, particularly those associated with the Optimized Distribution Model; the operational integration associated with the acquisition of Digital Equipment Corporation; inventory risks due to shifts in market demand; timely development, production, continued competitive factors and pricing pressures; market responses to pricing actions and promotional programs; acceptance of the products; and changes in product mix. Further information on the factors that could affect the Company's financial results are included in its SEC filings, including the Form 10-K for the year ended December 31, 1998. Compaq, Registered U.S. Patent and Trademark Office. Product names mentioned herein may be trademarks and/or registered trademarks of their respective companies. More financial information on Compaq is available at compaq.com. Contact: Compaq Computer Corporation, Houston Jim Finlaw, 281/514-6137 jim.finlaw@compaq.com or Investor Relations, 281/514-9549 Investor Relations Fax, 800/433-2391

To: Jimbo Cobb who wrote (56287)	4/9/1999 5:05:00 PM
From: Lynn	Respond to of 97611

Second (and third) of 3 news items: biz.yahoo.com --this story in not yet up. Only thing so far reads: Friday April 9, 4:31 pm Eastern Time Compaq Sees March 31 Quarter Results Below Analysts' Estimates (This is a headline-only alert, although it will likely be followed by an article soon) biz.yahoo.com Friday April 9, 4:36 pm Eastern Time OTC HALT - Compaq news dissemination last sale 30-15/16