Compaq Computer announced price cuts of 11 to 22 percent.

Compaq Computer reported a $49.4 million profit, turning around from a loss in the 1991 quarter.

Compaq Computer said earnings fell 14.1 percent in the fourth quarter, to $79 million.

Compaq Computer more than tripled its profits in the second quarter, to $30.7 million.

The average price of a Compaq computer sold in January 1998 was $1,789, a 16 percent drop from a year earlier.

Compaq Computer said net income was about half what it was in the 1990 period.

Compaq Computer gained 27 cents, to $14.12, in regular trading.

Finally, he bought 100,000 shares of Compaq Computer at about $30 a share, taking a small loss.

That was several dollars higher than its big rival, Compaq Computer.

Compaq Computer dismissed 20 employees several years ago because each had visited pornography sites more than 1,000 times.