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...
benefit company customers network performance produce savings steps taking
The steps we are taking will not only produce significant savings for the company but will benefit our customers by optimizing network performance and eliminating redundancies.
challenges front
Clearly, we have some challenges in front of us,
actions began execute third
In the third quarter, Compaq began to aggressively execute the actions we outlined in July.
achieved ahead commercial pc quarter return top
The big story of this quarter is the return to profitability of our commercial PC business, ... That's been one of out top priorities, and we achieved it one quarter ahead of schedule.
beginning computing emergence finish somewhere
Our emergence is not the finish line, it's the beginning of a new race, ... Somewhere between telecommunications and computing there's a new kind of company, and that's what MCI will be.
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.
achieving advantage alliance cable combining creating customers global internet leader leadership major powerful step strengths toward tremendous
Creating a powerful alliance combining Cable & Wireless' strengths as a global IP (Internet protocol) leader with our Internet leadership is a tremendous advantage for our customers and a major step toward achieving our goals,
quarter six weeks
The first six weeks of the quarter were especially challenging.
execution momentum represent results solid strong
These results represent strong execution and Compaq's solid momentum in the marketplace,
enterprise growth stands strength technology
If one thing stands out in the fourth-quarter results, it's the strength of our enterprise technology and solutions. This is where we see our most important growth in 2001 and beyond.
chapter confident cost difficult emerge force help overall plan reduction work
A work force reduction is always a difficult decision, but we are confident that our overall cost reduction plan will help us emerge from Chapter 11 and make us more competitive in the marketplace in the long run.
cable execution relationship step wireless
This relationship with Cable & Wireless is an important step in the execution of Compaq's strategy.
base board customer emerging financial global management service sound strong
We are emerging with a new board and management team, a sound financial position, unmatched global assets, a strong customer base and industry-leading service quality,
bubble burst existed internet march problem
The problem existed long before (the Internet bubble burst in March 2000).