Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: t2 who wrote (78628)	4/12/1999 6:33:00 PM
From: VICTORIA GATE, MD	Read Replies (2) \| Respond to of 186894

tech2000 Monday April 12, 4:21 pm Eastern Time Hewlett-Packard PC business on track PALO ALTO, Calif., April 12 (Reuters) - Hewlett-Packard Co. said Monday its PC business is growing revenues and profits and not seeing the weakness some competitors are reporting. ''We have delivered growth that is on plan and profits that are above plan,'' Duane Zitzner, president of HP Computing Products said in a statement. ''Our results since the middle of last year to this point in the quarter validate our direction in all our large regional markets of the world.'' Hewlett-Packard said it made the statement in response to questions raised following signs of weakness in some of its competitors' businesses. On Friday, Compaq Computer Corp. (NYSE:CPQ - news), the world's largest personal computer maker, said its first quarter profits would be less than half of what Wall Street had forecast. Hewlett-Packard said Monday that it has been successful with its strategy of balancing market-share growth and profitability, while expanding the number of channels through which consumers can sell its products