Compaq Message Board - Msg: 12120651

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Technology Stocks : Compaq

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To: JDN who wrote (72760)	11/27/1999 9:37:00 AM
From: hlpinout	Read Replies (2) of 97611

From Barron's. There was supposed to be a vcall but it was deleted from the time I posted it last week and the 22nd. -- Research Reports Amgen (AMGN-NNM) by Gruntal (47 5/16, Nov. 22)\| Outperformer. Intermediate-term price target raised to $56 from $47.50 and long-term price target raised to $65 from $54.50. Compaq Computer (CPQ-NYSE) by Madison (22, Nov. 1) The Street has been patient with Compaq's new Management team but that patience may wear thin if the company doesn't show improved results and give positive guidance in January. With the stock trading near its 52-week low, we believe the stock can be accumulated at these levels with expected improved performance in the company's operating performance and share price in Spring 2000. With a slight bit of hesitation because of uncertainty regarding 2000 guidance, we cautiously reiterate our Accumulate rating on CPQ shares.

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