Compaq Message Board - Msg: 1721878

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Technology Stocks : Compaq

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To: Eddie Kim who wrote (3863)	7/8/1997 4:08:00 PM
From: hpeace	of 97611

news..this analsyt is a real zero. he upgrades after it moves up 20% in 4 trading days<g> NEW YORK, July 8 (Reuter) - Prudential Securities analyst Don Young said he upgraded his rating on the personal computer industry group to buy from hold. -- said reiterated Compaq Computer Corp (NYSE:CPQ) as the "single best idea" in the group. -- said in a note that expects the second quarter to mark "the bottom" and that sees the industry as poised for rapid acceleration in demand. -- said he expected Compaq to announce a reengineering of its dealer channel on Thursday that will help the company gain market share with a lower pricing strategy. -- Compaq is expected to report second quarter results Thursday. -- Young said he believes lowered prices will cause more competitive pressure on companies such as Dell Computer Corp (NASDAQ:DELL). -- projected that Compaq's price cuts along with those made by Intel Corp (NASDAQ:INTC) will trigger a "dramatic buildup" in PC demand and shipments. -- Compaq was up 4-7/16 to 118-15/16.

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