compaq stock symbol
Dell became the number-one supplier of PCs in 2001. [105] In October 2012, according to Gartner, Lenovo took the lead as the number one PC manufacturer from HP, while IDC ranked Lenovo just right behind HP.
Mutual help for those who acquired stock via employment at White, who joined the company in January, 1983 resigned in May, 1996 after 8 years as CFO.
By summer 1998, Compaq was suffering from product-quality problems. [118][119] By March 2019, Compaq's Argentine web site went offline, with the last archived copy dated October 2018, featuring the same models introduced in 2016. Robert W. Stearns, Compaq's senior vice president for business development, with responsibility for mergers and acquisitions, had opposed the acquisition of Digital as the cultural differences between both companies were too great, and complained that he was placed on the "B team" as a result. [50], After Pfeiffer's resignation, the board established an office of the CEO with a triumvirate of directors; Rosen as interim CEO and vice chairmen Frank P. Doyle and Robert Ted Enloe III. Search company names … [18][19][20], Unlike other companies, Compaq did not bundle application software with its computers. P | 20555 State Highway 249
For SEC filings, you [52] Compaq shares, which traded as high as $51.25 early in 1999, dropped 23 percent on April 12, 1999, the first day of trading after the first-quarter announcement and closed the following Friday at $23.62. [58], Compaq entered 1999 with strong expectations. Compaq (a portmanteau of Compatibility And Quality, occasionally referred to as CQ prior to its final logo) was a company founded in 1982 that developed, sold, and supported computers and related products and services. The Compaq Portable was one of the progenitors of today's laptop; some called it a "suitcase computer" for its size and the look of its case. make no claims, promises or guarantees about the accuracy, completeness, or
[125], In 2009, HP sold part of Compaq's former headquarters to the Lone Star College System.
The executives of the combined company will need to live up to some lofty promises. HP laid off thousands of former Compaq, DEC, HP, and Tandem employees,[100][101] its stock price generally declined and profits did not perk up.
[88][89], Both companies had to seek approval from their shareholders through separate special meetings. "[65] Subsequent earnings releases from Compaq's rivals, Dell, Gateway, IBM, and Hewlett-Packard suggested that the problems were not affecting the whole PC industry as Pfeiffer had suggested. [39][54][55][61] Rosen suggested that the accelerating change brought about by the Internet had overtaken Compaq's management team, saying "As a company engaged in transforming its industry for the Internet era, we must have the organizational flexibility necessary to move at Internet speed." Pfeiffer served through the 1990s. [91][92] Walter Hewlett only reluctantly approved the merger, in his duty as a member of the board of directors, since the merger agreement "called for unanimous board approval in order to ensure the best possible shareholder reception".
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