Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?

To: Jeff Jordan who wrote (16023)	6/22/1999 1:37:00 PM
From: Susan Saline	Respond to of 43080

CPQ don't ask me <ggg> i have a couple positions in it, both sea green ... am going to hold I suppose ... it's got momo!!!

To: Jeff Jordan who wrote (16023)	6/22/1999 2:12:00 PM
From: eik	Read Replies (2) \| Respond to of 43080

CPQ. The rumors on CNBC: CMGI is buying AltaVista from CPQ.

To: Jeff Jordan who wrote (16023)	6/22/1999 2:52:00 PM
From: Leland Charon	Read Replies (1) \| Respond to of 43080

NEW YORK, June 22, 1999 12:32 p.m. ET (JagNotes.com) SPECIAL REPORT: Compaq, CMGI in Asset Deal? hares of Compaq Computer (CPQ), the world's largest PC maker, are up 1 11/16 to 23 13/16, on a volume of more than 14 million shares. Talk is rife on Wall Street that CMGI (CMGI), the big Internet investor, is negotiating to buy some Compaq assets, including its AltaVista Internet search engine. And such talk, though uncomfirmed, is galvanizing Compaq shares. Compaq has formed a separate company for its AltaVista business, with plans to take that unit public. Some Wall Street pros say a move by Compaq to monetize its Internet assets would be an important plus for the company, since Compaq is not widely viewed as an Internet player. A CMGI spokeswoman declined comment, except to say top officials are away on speaking engagements. Compaq did not return several phone calls. Compaq shares this year have been a laggard high-tech performer, falling sharply from their 52-week high of 51 1/4. The low for this period is 20. Some pros believe the stock is all washed out, but see a potential rebound. This is predicated, on among other things, these factors: —Compaq, which is also the third largest computer seller behind IBM and Hewlett-Packard, is in the midst of seeking a new CEO, which could help promote renewed interest in the stock. —Earnings are seen on a rising trend over the next several years, with Street estimates calling for 40 cents a share this year, $1.33 in 2000, and $1.95 in 2001. Leland