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Technology Stocks : Compaq

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To: PCSS who wrote (94647)1/9/2002 1:25:00 PM
From: Elwood P. Dowd  Read Replies (1) of 97611
 
Wednesday January 9, 1:00 pm Eastern Time
We Like Compaq, Married or Single
By Brett Messing
Special to TheStreet.com

When personal computer stocks work, they really work. Compaq's (NYSE:CPQ - news) recent preannouncement of a good fourth quarter sets the stage for a nice move in the stock.

Moreover, IBM's (NYSE:IBM - news) retreat from the PC business is very good news for both Dell (NasdaqNM:DELL - news) and Compaq. Highly respected Lehman Brothers PC analyst Dan Niles put some fuel on the fire with an upgrade of the stock to a strong buy. ... ( This article continues for RealCommentary subscribers...)

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