10th April 1999 Archive
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Compaq issues profits warning
Big Q blames competition and lack of demand for smaller Q
Big tin company Compaq, which has rebranded itself as Q, waited until the end of yesterday to issue a profits warning for its first quarter earnings. A statement from CEO Eckhard Pfeiffer said that it will report net profits of 15 cents on Q1 turnover of $9.5 billion. The company blamed lack of demand and severe price …
Business 10 Apr 1999, 09:53
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Silicon Graphics to change company name Monday
Meanwhile MIPS doing fine...
South African based site, IT Web, is reporting that Silicon Graphics will change its name next week. According to IT Web, the company has notified all of its staff and customers, but is keeping details of the new name under wraps until the 14th of April. However, mysterious Register staffer, The Fifth Vulture, thinks it's going …
Business 10 Apr 1999, 09:59
