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April 28, 1994

HAMBRECHT & QUIST REPORT COMPUTER MANUFACTURUE POWER SHIFT

By CBR Staff Writer

Todd Bakar, head of Hambrecht & Quist’s computer hardware and interactive media department says the consolidation of computer companies has caused a power shift within the manufacturing sector, giving them more leverage with their vendors; that has shifted power away from (microprocessor) suppliers to computer companies and this shift will cause prices to fall and computer profits to go up, he said: he also predicted that IBM Corp would soon be displaced by Compaq Computer Corp as personal computer leader.

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