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Technology Stocks : Compaq

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To: OverSold who wrote (61958)5/24/1999 8:48:00 AM
From: Kenya AA   of 97611
 
Candace: There was a piece on Today's Business this morning about the onslaught of companies (like E-machines) that are now making cheap PCs and how it is affecting the major vendors. Dan Niles of BBRS was interviewed. He said that "he knows" that by July one of the major vendors is going to offer a $199 PC with internet access. I assume there's speculation that it could CPQ.

Hmmmm, announcement rumored to be today??? Ted Waitt will be on Power Lunch today to talk about GTW's "new strategy."

K
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