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mues to yield record results with third er operating earnings of $132 milâ€" and increase of 53 per cent over the period last year, bringing operating ie for he past nine months to $364 n, a 44 per cent increase from 1995. : strong performance is the result of ved earnings in all the company‘s ver said the Panacom Division holds the worldwide manâ€" or HP‘s family of "thin clients", a network which provides ost, high performance access to corporate networks and ternet without requiring significant computer and storage ces on each desktop. Thin clients provide universal access IX, Legacy, Windows, NT and Internet applications. vever, in looking at the growth of the company, Bill Rusâ€" P general manager of the company‘s Technical Computing ss Unit, said the company faces tough competition in an ry that has 34 major players. e computer business today is a war zone. That‘s the only oo and this facility provides the ty to accommodate our future are working on some very excitâ€" chnologies and products in arce, is the home for Hewlett ird‘s Panacom Division, which ntly employs 100 people in ch and development, finance, inel, marketing and manulacturâ€" life Financial‘s corporate strategy Aoot complex at 455 Philip St. he beginning of a new era for erloo‘s Hewlett Packard Lid. r 12 years in the former Waterâ€" ller‘s department store on Lexâ€" Road, the computer company building, designed by Missisâ€" rased architects, Akitt, Swanson lly opened its new 75,000â€" A new era dawns or Hewlett Packared Robert W. Eby as president has been éelected president of the Waterloo Regional The third quarter also marked the oneâ€" year anniversary of the announcement of the merger of Manulife Financial and North American Life major business lines and in all operating markets, as well as very positive investâ€" ment returns on both equity and fixed Eby heads WRAMA Unlike many Canadian divisions of multinational corporaâ€" uons, the Waterloo site exports 99 per cent of production, operâ€" ates as an autonomous entity with profit/loss responsibility and maintains onâ€"site R&D, marketing and manulacturing departâ€" nical Computing Busiâ€" Canada, Hewlettâ€"Packard Panacom Automation Division, said the strength of the community and HP feeder comâ€" panies goes hand in hand with the success of Hewlett Packard "You‘ll never find a Hewlettâ€"Packard in a city without a major university," said Branda. "Here we have a great university where future research can be studied. We have, at times, 15 to 20 coâ€" op students working here at a time. That gives us a good chance to look at them and they have a good chance to look at us." »â€" stationary & reclining 30 WEBER ST. NORTH â€" WATERLOO + 746â€"4z68 enfaibhoric STORE HOURS: Mon. to Sat. 10 a.m.â€"5:30 p.m., Thurs. & Fri. 10 a. m# p.m. m :)‘cznOrlznd: Lynqlrc(m;:zbes. Ldan wi¢ We are omering Free Allerations _ yÂ¥, imfpn womnsmisterm * BMAAA tinFwry M scratch & save an extra 7 to 20"°: *k a > > pomonprag ie eA Others to be elected to the board of ‘ directors include; vice president, Bill Mansell; secretary, Karl Innanen; treasurer, Carol Lauber. Directors are Marga Weige!, r Dean Orlando, Lynn McCombes, Edan ( Mohammed, Peter Miller, Mohamed Badâ€" ‘ ran, Glen Trachsel and Larry Smith Eby is the owner of Eby Real Estate and will head the association for the next 12 Apartment Management Association According to a HP press release, Lewis E. Platt, HP chairman, presiâ€" dent and CEO, says "We‘re encourâ€" aged by the rebound in order growth this quarter, but somewhat disapâ€" pointed with our earnings. Our disapâ€" pointment is tempered by the fact that this was a tough comparison with very strong earnings growth in the last year‘s fourth quarier." while fullâ€"year earnings increased 14 per cent before the effects of the comâ€" pany‘s exit from diskâ€"mechanmism manuflacturing and related operating losses in that business. Eartier last week HP reported a 15â€" perâ€"cent increase in orders and a 12â€" perâ€"cent growth in revenue, but a fourâ€"perâ€"cent decline in net earnings for the 1996 fiscal year‘s fourth quarâ€" ter. For the full 1996 fiscal year, net earnings increased only six per cent on revenue growth of 22 per cent, way to describe it, from price t size and competitiveness of the business," § lersâ€" il-'f'u‘:igfiitu:e AAAT smm APlor/l2PUMLAA This Wd‘ en ac