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

To: Doug who wrote (57212)	4/12/1999 10:33:00 AM
From: Bill Snodgrass	Read Replies (2) \| Respond to of 97611

Here's some more on a more positive view. Philip Fersht, analyst at high-technology consultancy IDC, thinks not. Fersht also believes that Compaq's problems are likely to be growing pains from its takeover last year of Digital Equipment Corp, which he reckons will pay huge dividends. ''We see healthy growth in IT (information technology) as a whole, particularly in software. World-wide this will continue and in 2000 we will see IT expenditure top one trillion dollars globally for the first time,'' Fersht said. IDC defines IT in five categories -- services, packaged software, basic communications, single use systems -- like PCs, notebooks, laptops