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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?

To: Elwood P. Dowd who wrote (62595)	6/8/1999 11:33:00 AM
From: fooledalot	Respond to of 97611

El, OT******OT******* Here is something that may cheer you up....article in today's IBD. investors.com But then, again, I will bet you know all about it. Hit 'em straight!!! f

To: Elwood P. Dowd who wrote (62595)	6/8/1999 2:16:00 PM
From: Night Writer	Read Replies (2) \| Respond to of 97611

El, Still up to my neck in CPQ and CPQ puts. Still plan on making money on CPIG. It may take a little longer then we thought, but we will get there. Economic concerns not Compaq specific concerns kicking us in the rear today. Kumar still has a strong buy on Compaq so he can't be too concerned in the short run. NW ECONOMIC NEWS: TODAY, June 8: U.S. adjusted CHAIN STORE SALES rose 0.1% in the week ended June 5 compared to the prior week, according to the latest BTM/Schroder chain store sales index. Retailers reported mixed sales for the week, with discount stores above plan, wholesale clubs slightly below plan, and department stores generally on plan, the report said. See infobeat.com The FEDERAL RESERVE BANK OF RICHMOND said on Tuesday its manufacturing shipments index fell seven points in May to a reading of 9, while its service revenues index rose one point to a reading of 23. See infobeat.com U.S. productivity rose a revised 3.5% in the first three months of the year, slightly less than the estimated 3.7% gain, the Labor Department reported Tuesday. U.S. NON-FARM PRODUCTIVITY -- a measure of the time and effort needed to provide goods and services -- initially rang in at 4% when the preliminary statistics were released, slightly less than the 4.3% gain registered in the fourth quarter of 1998. U.S. businesses stocked their shelves at a brisk pace in April, while sales by wholesalers rose to a new record, the government said Tuesday in a report indicating consumer spending still strong. TOTAL INVENTORIES rose 0.2% in April to a seasonally adjusted $288.96 billion after a rise of 0.2% in March, the Commerce Department said. Total WHOLESALE SALES were a seasonally adjusted record $221.87 billion, marginally up from $221.80 billion in March, which was the previous record. 2:40 p.m. EST: LJR/Redbook Research retail sales for the week ended June 5. Consensus estimate: N/A. Prior report: +1.2%. WEDNESDAY: 6:30 p.m. EST: ABC/Money consumer-comfort index for the week ending June 6. Consensus estimate: N/A. Prior report: 27. THURSDAY: Initial jobless claims for the week ended June 5; May non-fuel price index. FRIDAY: May purchase price index; May purchase price index, excluding food and energy; May retail sales; May retail sales, excluding autos; Mid-June University of Michigan consumer sentiment index.