Compaq Stretches For The Crown

Compaq Computer Corp. is the company every computer maker wishes it could be. Revenue per employee is a mammoth $713,000--the highest in the computer industry and more than double that of Dell Computer Corp. and IBM. Its personal computers fly off the production line at a rate of one every 10 seconds. Market share doubled last year, and the stock is now trading at $32 a share, or $96 before a 3-for-1 split in May--a long way from the low 20s where it lingered two years ago. Sales have zoomed from $3.3 billion in 1991 to $7.2 billion last year, making the PC maker one of the top computer-hardware suppliers in the U.S.

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