Compaq reports plunge in hardware sales

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Author: JT Smith

ComputerNewsDaily: ” No wonder Compaq Computer Corp. wants to focus
on services.

The Houston-based computer maker’s hardware sales – from
high-end servers that run stock exchanges to desktop PCs – are
melting under the heat of a full-scale industry price war.

The company did, however, offer tepid hope that demand was
beginning to improve in the United States, although the slump is
spreading to regions such as Latin America.”

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