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Technology Stocks : Compaq
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To: Still Rolling who wrote (25790)5/7/1998 5:09:00 PM
From: William Hunt  Read Replies (1) of 97611
 
THREAD --- ANOTHER UPGRADE ---Compaq Computer Corp. (CPQ) 32 5/8 +1 3/8: Cowen & Co. raises 1999 estimate on computer maker as proxy statement on DEC acquisition suggest that company ready to make aggressive cuts; continues to rate issue a "buy," but raises six-nine month price target to $40; raises FY99 EPS from $1.55 to $2.20 and establishes a FY00 net of $2.75 a share.....

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