Compaq Message Board - Msg: 12709165

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Technology Stocks : Compaq

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To: marquis103 who wrote (76982)	1/28/2000 9:51:00 AM
From: Night Writer	Read Replies (1) of 97611

(REUTERS) Employment data key for Wall St open, techs bounce Employment data key for Wall St open, techs bounce LONDON, Jan 28 (Reuters) - Compaq Computer Corp <CPQ.N> and Dell Computer Corp <DELL.O> led a rebound for U.S. technology stocks on London on Friday but the market's attention was fixed on the key jobs data due at 1330 GMT, dealers said. They said the employment cost figure would be the most closely watched as it may give clear signals to the inflationary pressures from the labour market, and subsequently supply important clues to the next move in interest rates. "The non-technology end of the market has been a little lethargic in recent days as many people are looking for more guidance on interest rates," a London dealer said. "Everybody knows they are likely to go up next month, they just want to know whether it is going to be by 25 basis points or 50." MORE

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