Compaq Message Board - Msg: 15233361

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Technology Stocks : Compaq

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To: profile_14 who wrote (89119)	1/23/2001 7:10:48 PM
From: Elwood P. Dowd	Read Replies (1) of 97611

Upgrades tomorrow??? CPQ by J. Haney: by: kurtep 01/23/01 06:18 pm EST Msg: 213471 of 213512 By Janet Haney, CBS.MarketWatch.com Last Update: 6:11 PM ET Jan 23, 2001 Newswatch Latest Headlines Get Alerted HOUSTON (CBS.MW) -- Compaq Computer shares surged more than 17 percent in after-hours trading Tuesday after the PC maker surprised Wall Street by reporting a higher-than-expected fourth-quarter profit along with sales that matched projections. "Compaq basically came through and exceeded expectations that they laid before us in mid-December and continued to be optimistic about 2001, I don't think you could ask for better than that," commented Jim Meyer, director of research at Janney Montgomery Scott, Inc., following the earnings news.

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