Compaq's Capellas thinks W2k key to future growth

Alpha barely mentioned in his keynote

CEO and president of Compaq, Mike Capellas, said today that there was still a need for improved performance in its PC sector, despite better figures it turned in for its financial quarter. Capellas, speaking in London at an international press briefing, said that while he had succeeded in cutting operating expenses at the company, there was still more work to be done on that front in the coming two quarters. Every employee at Compaq has been given stock options, he said, to foster a spirit of innovation and to give the feeling of a start-up to the firm. We’ve made sure that every employee in the company understands and can clearly articulate our strategy, he said. We still need to return our PC business to profitability, he said. He said that Compaq’s position as a platform partner for Windows 2000, gave it a clear lead over its competition on the x.86 platform. Senior VP of Compaq’s enterprise business, Enrico Pesatori, underlined that by claiming that in the last quarter it had shipped 3,500 Proliant eight way servers, with its nearest competitor only shipping 300 in the same period. Pesatori confirmed that Compaq will introduce its Wildfire Alpha platform in the next quarter. That is likely to be at the very beginning of March, we understand. ®

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