Compaq to place more emphasis on computer services; an open playing field beckons a company that once just built computers

Article Abstract:

Compaq Computer Corp. plans to market its products to corporations in a different way, emphasizing the company's computer services. Compaq's new strategy will link its hardware products to technical support and installation services in an attempt to improve Compaq's profits.

Computer Services, Computer Systems Design and Related Services, Computer and Data Processing Services, Services information, Services, Marketing, Computer services industry, Information technology services industry, Information technology services, Company marketing practices, Company services

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Compaq's revenue and income fall; less demand abroad combined with price pressures in U.S

Article Abstract:

Compaq Computer Corp.'s second-quarter earnings and sales were disappointing but matched Wall Street expectations. Earnings were down to $67 million, compared to the results of the comparable 2000 quarter which were $363 million. Revenue was also down to $8.5 billion in the second quarter compared to last year's total of $10.1 billion. The results were blamed on diminished PC demand worldwide and industry pricing battles.

Sales, profits & dividends, Finance, Company sales/revenue, Company sales and earnings, Company earnings/profit

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Hewlett and Compaq, under fire, stand by deal

Article Abstract:

Shares of Hewlett-Packard and Compaq Computer rose a bit following a week of criticism from Wall Street of the proposed merger of the two firms. Executives at both companies defend the merger plans, but Wall Street thinks both will lose ground to rivals. International Data Corp. expressed approval of the proposal, but one industry expert said that he could name no financial analyst who favored the merger.

Analysis, Mergers, acquisitions and divestments, Acquisitions and mergers, Hewlett-Packard Co., HWP

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