Michael Capellas
Michael Capellas
Michael David Capellasis an American executive in the computer and telecommunication industries. Capellas served as chairman and CEO of First Data Corporation, acting CEO of Serena Software, chairman and CEO of Compaq Computer Corporation until its merger with Hewlett-Packard where he became president of the post-merger company briefly, and president and CEO of WorldComwhere he led its merger with Verizon...
change doubt dramatic mind pc products store
The most dramatic change in store is with the products themselves. There is no doubt in my mind that what we know of as a PC will change.
couple execution issues last quarters somewhat
The last couple of quarters have been somewhat disappointing, ... There are some execution issues that we will look at.
believe current investment offers opportunity price stock tremendous
At current price levels, we believe Compaq's stock offers a tremendous investment opportunity for the company,
assets combined company force necessary strength
The combined company will have the strength and assets necessary to be a competitive force in today's transforming communications marketplace.
quarter six weeks
The first six weeks of the quarter were especially challenging.
difficult quarter secret
It's no secret that the first quarter has been difficult for Compaq in the past.
finding network
It's not about us finding a network, it's about the network finding us,
activity anyone business hardly market news north remains rest
It's hardly news to anyone now that the North American market is tough. Business activity in the rest of the world remains on track.
best continue early forward launch
We had anticipated that the launch would be in early April, and that still is our best guess. At this point, we're going to continue to mush forward with our planning,
clear cost deeper economic move reduction spreading structural swiftly therefore
It is now clear that the economic slowdown is spreading overseas, and we will therefore move more swiftly and go even deeper in our structural cost reduction programs,