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April 11, 1988


By CBR Staff Writer

Compaq Computer Corp says that profits and sales for the first quarter should be higher than analysts’ expectations because of continuing strong demand for its products: according to president Rod Canion, president, sales should exceed $425m against most analysts’ predictions of between $360m and $390m, and earnings per share should also exceed expectations; the company says that greater than expected sales in Europe were a contributing factor to outstanding first-quarter sales, with demand for the Deskpro 386/20 continuing strong worldwide.

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