Compaq Message Board - Msg: 10629984

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Technology Stocks : Compaq

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To: Jim McMannis who wrote (65596)	7/23/1999 12:10:00 PM
From: Captain Jack	Read Replies (1) of 97611

Jim,, There is a lot of activity among the major computer makers this morning. Sun Microsystems (NASDAQ:SUNW - news) added $2.44 to $69.63. Sun reported a $0.48 per share profit for its fiscal fourth quarter, in line with estimates and 37% higher than the previous year. Management said that it is pleased with the quarter, and is more confident that Y2K problems will not hamper sales for the remainder of the year. Gateway (NYSE:GTW - news) is the big winner, popping $7.50 per share to $70.38. The No. 2 maker of personal computers earned $0.56 per share for the second quarter, beating the average estimate by a penny. A number of brokerages then upgraded the shares. Compaq Computer (NYSE:CPQ - news) shed $0.31 to $24.69. The company announced that it is promoting chief operating officer Michael Capellas to fill its CEO vacancy. Magic 25 company Dell Computer (NASDAQ:DELL - news) also added $1 per share to $40.63 in sy I WISH I had shorted when I went long 14 points ago--- soon to be much worse by the looks of things

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