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Technology Stocks : Compaq

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To: Catcher who wrote (46249)1/30/1999 8:44:00 AM
From: rupert1  Read Replies (1) of 97611
 
With the DLJ downgrade to BUY, Zacks reports that recommendations deteriorated last week from 1.6 to 1.7. This makes it equal with IBM and still slightly better than some other computer stocks. There was no change in estimates for '99 earnings.

Next week's analysts' comments should move the earnings expectations higher, but we will have to see whether the net effect of recommendations changes the ranking from 1.7.
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