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Technology Stocks : Hewlett-Packard (HPQ)
HPQ 25.39+1.3%3:59 PM EST
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To: Elwood P. Dowd who wrote (1636)8/9/2002 8:12:07 AM
From: Steven N   of 4345
 
7:53AM Dell Computer: positive comments by Merrill Lynch (DELL) 25.59: Merrill Lynch says that recent checks indicate that DELL continues to defy the harsh reality of the current end-user demand environment, and firm expects Q3 sequential outlook to be up 5% with EPS of $0.21 (penny above consensus); raises Q2 rev est to $8.35 bln from $8.30 bln and raises Q3 rev/EPS ests to $8.77 bln/$0.21 from $8.63 bln/$0.20. Price target is $35.
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