Compaq Message Board - Msg: 6673238

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Technology Stocks : Compaq

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To: JRI who wrote (38460)	12/3/1998 5:24:00 PM
From: Elwood P. Dowd	Read Replies (3) of 97611

John.... I don't know if this has been posted here or not. El Thursday December 3, 1:09 pm Eastern Time RESEARCH ALERT - Compaq raised NEW YORK, Dec 3 (Reuters) - Robertson Stephens said Thursday that analysts Daniel Niles and Alex Mou have raised their rating on Compaq Computer (NYSE:CPQ - news) (NYSE:CPQ - news) and increased their price target. -- raised rating to a strong buy from buy. -- increased price target to $50 from $40. -- cited record November units, record holiday sales. -- New direct program and higher mix of enterprise and service business ''should help increase Compaq's gross margin to 30 percent.'' -- believed ''street high Q4 EPS estimate of $0.40 has upside based on units and that FY99 EPS has upside as well.'' -- Compaq shares at 38, up 1-3/8. More Quotes and News: Compaq Computer Corp (NYSE:CPQ - news) Related News Categories: US Market News

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