Market smiles on H-P's first quarter

Article Abstract:

Hewlett-Packard Co's (H-P) 1st qtr 2000 performance, while falling short of its 1999 level, was enough to boost the company's shares to a record high of $129 and 3/8 per share. The company's profits fell to $794 million for 1st qtr 2000, a slight decrease from the $882 million it posted for the same period in 1999. Analysts said that H-P's profit decline is due to the fact that majority of its sales growth came from laptops and PCs, products that have narrow profitability.

Financial analysis, Hewlett-Packard Co.

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Sales predictions sock PC stocks

Article Abstract:

Personal computer stocks declined on Nov 20, 2000, in the wake of several downgradings by analysts. Gateway shares dropped $3.53 to $36.20 while Dell shares plunged $1.56 to $23.38 after analysts downgraded their ratings on the PC makers. Apple shares increased 44 cents to close at $18.94 even after being downgraded. The reason for the increase is its new products aimed at consumers and the education market.

Securities prices

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Compaq warns of loss for third quarter

Article Abstract:

Compaq Computer warns of lower returns. Company officials announced third quarter returns would be lower than expected blaming the terrorists attacks in New York, Typhoon Nari in Asia, and the general economic slowdown.

Electronic computers, Sales, profits & dividends, Computers & Auxiliary Equip, Compaq Computer Corp., CPQ, Company Profile

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