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Technology Stocks : Compaq

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To: uu who wrote (39218)12/8/1998 12:10:00 PM
From: Elwood P. Dowd  Read Replies (3) of 97611
 
I LIKE THIS!!! YES!!! Tuesday December 8, 11:49 am Eastern Time

RESEARCH ALERT - Salomon ups
Compaq target

NEW YORK, Dec 8 (Reuters) - Salomon Smith Barney said Tuesday
that analyst Richard Gardner raised his 12-month price target on
Compaq Computer Corp to $50 a share.

-- In a note, Gardner said, ''All signs point toward a solid fourth quarter.''

-- Maintained Q4 earnings estimate of $0.38 a diluted share and 1999 estimate of $1.97. Established
estimate of $2.50 a share for year 2000.

-- Kept rating at buy.
-- Shares rose 5/8 to 42-5/16.
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