Compaq Message Board - Msg: 16737359

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Technology Stocks : Compaq

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To: Night Writer who wrote (93914)	12/3/2001 11:02:01 AM
From: Elwood P. Dowd	Read Replies (4) of 97611

RESEARCH ALERT-Goldman ups Gateway, Compaq revenue views NEW YORK, Dec 3 (Reuters) - Goldman Sachs on Monday said it raised fourth-quarter revenue estimates for personal computer makers Compaq Computer Corp. (NYSE:CPQ - news) and Gateway Inc. (NYSE:GTW - news) by 3 percent, saying economic weakness is not having as negative an impact as anticipated. Goldman raised its estimate for Compaq revenue to $7.8 billion from $7.6 billion, compared with the third quarter's $7.5 billion. For Gateway, although Goldman raised its estimate for fourth-quarter revenue, it said it expects revenues to fall slightly from the third quarter's $1.4 billion. Goldman said it remained cautious about the tone of demand for PCs going forward. Gateway shares rose 2 percent to $9.61 and Compaq shares rose 1 percent to $11.76 in mid-morning trading on the New York Stock Exchange.

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