COMPAQ COMPUTER, which provides the information technology and
central host computers to the potential nine members of a
pan-European bourse, said it was developing software which could
link them. But linking nine stock exchanges in a pan-European
alliance would not be easy, and a system enabling this would take
at least a year to put together, Compaq said. "It would not be
that easy. The easiest thing would be to agree on a single
platform. That would be easy technically but very difficult
politically," said Mark Miller, capital markets segment manager
for Compaq Europe. (Reuters 12:13 PM ET 11/20/98) For the full
text story, see
infobeat.com
* MICROS-TO MAINFM late Thursday said it had been authorized as an
INTEL CORP "solution provider" or official source for Intel
products. Micros-To-Mainframes fulfilled a number of Intel
requirements to gain the authorization. The Rocky Hill, Conn.
company has already gained similar authorizations from Microsoft,
Novell and Citrix. Since 1986, Micros-To-Mainframes has provided
network analysis & diagnostics equipment and services in the New
York Tri-State area. (Reuters 09:02 PM ET 11/19/98)
* Prudential Securities analyst Hans Mosemann said he cut his
rating on INTEL CORP to an accumulate from a strong buy rating
while lifting the company's price target to $130 a share from
$120. Mosemann also cut CYPRESS SEMICONDUCTOR CORP to an
accumulate from a strong buy rating. Further details were not
immediately available. (Reuters 08:59 AM ET 11/20/98)
* Gruntal analyst Mona Eraiba became more bullish on INTEL CORP,
saying the company should earn more and its stock price could rise
higher in the next year. She raised 12-month price target to $125
from $120, and raised 1999 EPS estimate to $4.50 from $4.15. She
set a year 2000 EPS target of $5.25 a share. Eraiba expects the
company to earn $1.05 a share when it posts 4Q EPS around January
12, compared with $0.98 in the year-ago quarter. "We believe 1999
is presenting positive signals for continued growth in the PC
market based on the strong presence of new corporate purchases,"
she said in a research note. Eraiba noted that several personal
computer companies are expecting growth as old computers are
upgraded ahead of the Year 2000, which could increase chip demand.
(Reuters 09:40 AM ET 11/20/98) |
