Compaq Message Board - Msg: 1724167

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Technology Stocks : Compaq

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To: hpeace who wrote (3876)	7/8/1997 8:47:00 PM
From: MARK MEANDRO	of 97611

* Prudential Securities analyst Don Young said he upgraded his rating on the personal computer industry group to buy from hold. He said reiterated COMPAQ COMPUTER CORP as the "single best idea" in the group. He said that expects the 2Q to mark "the bottom" and that sees the industry as poised for rapid acceleration in demand. Young said he believes lowered prices will cause more competitive pressure on companies such as DELL COMPUTER CORP. He projected that Compaq's price cuts along with those made by INTEL CORP will trigger a "dramatic buildup" in PC demand and shipments. (Reuters 03:09 PM ET 07/08/97) For the full text story, see merc.com

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