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To: D.J.Smyth who wrote (116980)4/13/1999 11:19:00 AM
From: Mohan Marette  Respond to of 176388
 
Darrell,what are you referring to, I haven't a clue.<eom>



To: D.J.Smyth who wrote (116980)4/13/1999 11:23:00 AM
From: BGR  Read Replies (1) | Respond to of 176388
 
Darell,

I am very uneasy over the fact that Dan Niles lowered INTC yesterday, given the way his crystal ball has been making last minute predictions with uncanny accuracy recently ...

-BGR.



To: D.J.Smyth who wrote (116980)4/13/1999 11:40:00 AM
From: Mohan Marette  Respond to of 176388
 
<Industry news> Hewlett CEO sees quarter,fiscal year growth on track.

Darrell:
Words to note; Recovery in Asia, Growth on track.

Hewlett CEO sees qtr, fiscal year growth on track

NEW YORK, April 13 (Reuters) - Hewlett-Packard Co. (NYSE:HWP - news) introduced a new set of high-powered business computers, refreshing a key product line, which its chief executive said will help the company meet its double-digit revenue growth goals for 1999.

At a press conference held at the New York Stock Exchange, Chairman and Chief Executive Lewis Platt said Hewlett-Packard was now seeing a recovery in Asia, helping to ensure that growth in the current quarter and year remains on track.

''What we are seeing is a recovery in Asia. Every month we are seeing a sequential recovery in order growth,'' Platt said in response to a reporter's question.


The Palo Alto-based company, the world's second-largest computer maker in terms of revenue, has been struggling to boost the paltry revenue growth reported in recent quarters.

In the first quarter ended in January, revenues grew only 1 percent companywide, far below the high single-digit growth of rival International Business Machines Corp. (NYSE:IBM - news) and the strong double-digit growth of Sun Microsystems Inc. (Nasdaq:SUNW - news)

''Indeed, it appears that it will be,'' Platt said in response to a reporter's question about how revenue growth for the second quarter ending in April compared to its fiscal first quarter.

''We look on plan,'' he said, noting the company's was three-quarters of the way through its quarter.

Platt stressed that financial results were expected to be ''back-end loaded,'' meaning that growth in the second half of 1999 would be stronger than in the first half....

biz.yahoo.com