October 24, 2001

Compaq results: Oh, dear

Author: JT Smith

From The Register: "Compaq has been hit with a hefty Q3 loss - worse than the market expected, and
the market wasn't expecting much - in the first results the company has posted
since announcing its takeover by Hewlett-Packard.

Compaq says Q4 will be equally bad.

The computer giant has posted a net loss of $499 million, compared with a profit of
$557 million in Q3 2000."


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