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...
flow fourth quarter revenue
We see significant revenue flow in the fourth quarter of this year.
goes quarter quarters saying third
It goes without saying that the third quarter was one of the most challenging quarters ever for Compaq and for our industry.
accelerate believe business continue half momentum quarter second
We believe the momentum in our business will continue during the second quarter and accelerate in the second half of the year.
billion cents certainty difficult earnings expect market per predict quarter range remains revenue share short third thus volatile
In the short term, the market remains volatile and thus difficult to predict with much certainty, ... However, we expect third quarter revenue to be in the range of $8 billion to $8.4 billion ... and earnings per share of 7 cents to 9 cents.
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.
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.
difficult quarter secret
It's no secret that the first quarter has been difficult for Compaq in the past.
quarter six weeks
The first six weeks of the quarter were especially challenging.
cable execution relationship step wireless
This relationship with Cable & Wireless is an important step in the execution of Compaq's strategy.
business changed intend segment understand
We understand this segment of our business has changed dramatically, and we don't intend to stand still.
ability acceptance continued despite driven enterprise market offer pleased pricing products solutions weakness
We see continued weakness in the U.S. economy, and resultant pricing pressures, ... Despite the slowdown, we are pleased with market acceptance of our enterprise products driven by our ability to offer end-to-end solutions and services.
demand drive fourth growth half market moderate recovery second stronger
While we did see some strengthening of the IT market in the fourth quarter, first-half growth will be moderate and pent-up demand should drive a stronger recovery in the second half of the year,
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).