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Technology Stocks : Compaq

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To: Jimbo Cobb who wrote (37998)12/1/1998 9:03:00 AM
From: rupert1  Read Replies (1) of 97611
 
Briefing.com:

Hewlett-Packard (HWP +3/8)... Not one of the high-flyers, HWP bucked yesterday's bearish trend... Company holds analysts conference today... Will set near-term tone... Company hasn't given street much to cheer about recently, so any good news will be warmly received.

Apple Computer (AAPL -3 1/8) slumped badly on general weakness in the group and news that Imatec (IMEC) filed a $1.1 bln lawsuit alleging willful infringement of its patents... Stock nearing Briefing target of 30.

Piper Jaffray analyst triggered sell-off in PC group with cautionary comments concerning unit shipments at Gateway (GTW -5 1/2)... Fears lower unit shipments might result in weaker than projected revenue and earnings figures for Q4.

Dell Computer (DELL -3) Stock slid through minor support at 61... Targets near-term test of 56 area.
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