It goes without saying that the third quarter was one of the most challenging quarters ever for Compaq and for our industry.
We believe the momentum in our business will continue during the second quarter and accelerate in the second half of the year.
We see significant revenue flow in the fourth quarter of this year.
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.
It's no secret that the first quarter has been difficult for Compaq in the past.
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.
The first six weeks of the quarter were especially challenging.