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Compaq Computer Corp.: The Houston-based concern reported...

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From Times Staff and Wire Reports

Compaq Computer Corp.: The Houston-based concern reported third-quarter net income of $124 million, a 42% increase from the 1989 quarter. Sales rose 26%, to $863 million. The company attributed its strong showing to large gains in Europe and to Compaq’s offering of computer products in a fast-growing market segment.

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