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Technology Stocks : Compaq

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To: PCSS who wrote (94560)1/7/2002 7:59:51 AM
From: Elwood P. Dowd  Read Replies (1) of 97611
 
7:43AM Compaq (CPQ) 11.39: -- Update -- Lehman upgrades to STRONG BUY from Buy, says Q4 ended better than expected, driven by Europe and better results in US consumer and corp demand; structural improvements in 2001 should benefit co in 2002; valuation is a big source of upside, especially if merger closes (which firm does not expect).
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