Compaq Message Board - Msg: 6851442

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Technology Stocks : Compaq

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To: robbie who wrote (40136)	12/15/1998 9:47:00 PM
From: cgraham	Read Replies (2) of 97611

"...BT Alex. Brown analyst Erika Klauer argued hardware and semiconductor stocks are performing well because investors believe the companies' fundamentals are strong. Personal computer buying is not only expected to be healthy, but commercial sales look good as well, she said. "Earnings I think are going to be very strong in the big technology companies," Klauer said. That's fueled rallies in stocks like Compaq (CPQ), IBM (IBM) and Gateway (GTW). Tuesday, Compaq's shares rose 15/16 to 41 13/16; IBM's issues advanced 2 1/8 to 165; and Gateway's stock rose 2 1/16 to 51 1/2. PC bellwether Dell (DELL) gained 13/16 to 65 9/16."... from CBD market watch...I feel CPQ has some fuel still to go by year end, but anyone know why they lowered prices up to 7%?

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