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


To: rupert1 who wrote (59930)4/27/1999 5:12:00 AM
From: rupert1  Read Replies (1) | Respond to of 97611
 
These are the final paras in today's WSJ article about economic recovery in Hong Kong.
________________________________
That is just what entrepreneurs like Stanley Cheung are attempting to do. Three years ago, the 32-year-old electrical engineer spent most of his time speculating in Hong Kong's then red-hot property market. These days, Mr. Cheung is totally focused on building his fast-growing computer business, which targets customers in China.

Two years after its founding, Mr. Cheung's company, headquartered in
Hong Kong, employs 48 people who sell products such as Compaq notebook computers, while also designing and setting up computerized surveillance systems. About half of the company's revenue of US$23 million last year came from selling hardware, with the remainder coming from high-tech services to clients such as the Shanghai customs department.

Mr. Cheung is in a hurry to boost the service portion of his company's business and rely less on distribution. "China will be in the World Trade Organization eventually," he says. "That means there'll be less value for middlemen."



To: rupert1 who wrote (59930)4/27/1999 9:38:00 PM
From: Key West  Read Replies (2) | Respond to of 97611
 
<< But they are of use only to the likes of sniggers (gene piccoli) who used to pretend to be a senior executive of a major brokerage house in Montreal, comparable to Merrill Lynch until Sir Andrew Aguecheek and Sir Toby Belch pricked his pomposity. I only hope they are not right because sniggers might add to his existing holding of COMPAQ and spend even more time than he does now on this thread.>>

Congratulations, Victor, Compaq outperforming the other PC makers today must have been the highlight of your otherwise miserable day. You sound like you should get out of those dark, dungeon-like, old world libraries, ditch your brown dusty corduroy frat blazer with the worn suede elbow patches, and get out in the fresh air and meet some nice girls. It may work wonders for your caustic personna.

Your pal sniggers