vepoc, Hope this rubs off on us next week. NW * Late yesterday, COMPAQ COMPUTER CORP and MICROSOFT CORP announced an alliance aimed at easing the way in which corporate computer operating systems (OS) developed by the companies work together. Under the alliance, Compaq, the Houston-based PC giant which this year bought systems maker Digital Equipment Corp., will license technology from Microsoft that is oriented to Microsoft's NT OS for corporate networks. The technology will be used in future versions of Compaq's Digital UNIX OS. Microsoft will license software previously found only in Compaq's Tandem NonStop Kernal system to be applied to future versions of NT. (Reuters 07:29 PM ET 09/10/98) For the full text story, see infobeat.com
* Warburg Dillon Read said that it raised its rating on INTEL CORP to buy from hold, while market sources said Merrill Lynch had kept its intermediate and long-term ratings on Intel at neutral. Warburg says still not convinced that Intel has returned to long-term growth track, but believes stronger-than-expected 3Q sales should give near-term boost. Warburg raising 1998 earnings estimate to $3.12 per share from $3.00. Warburg raising 1999 earnings estimate to $3.90 per share from $3.60. (Reuters 09:57 AM ET 09/11/98)
* Gruntal & Co. said it raised its 1998 earnings per share estimate for INTEL CORP to $3.09 from $3.03. Analyst Mona Eraiba said share price target established at $105. Buy rating reiterated. (Reuters 09:47 AM ET 09/11/98)
* After market close, A.G. Edwards said it raised its rating on INTEL CORP to accumulate from maintain after the world's largest chip maker said its third quarter results should be better than expected. (Reuters 05:26 PM ET 09/11/98) |