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

To: Night Writer who wrote (73393)	12/7/1999 8:35:00 PM
From: Captain Jack	Respond to of 97611

FRAMINGHAM, Mass., Dec 7 (Reuters) - Personal computer unit shipments are expected to grow by 17 percent worldwide in the current quarter compared with a year ago, down from the 20 percent previously forecast by leading market research firm International Data Corp. IDC said that its growth forecast reflects a greater confidence that the industry can weather the impact of a series of earthquakes that shook Taiwan this fall and disrupted supplies of key PC components built or assembled there. The industry also appears to be withstanding a long anticipated slowdown in corporate purchases tied to efforts to report older equipment to avert Year 2000 software glitches. "The availability of graphic chips, chipsets, and memory has tightened due to the quake, which IDC believes has put some constraint on PC supply," said John Brown, research director of IDC's Worldwide Quarterly PC Tracker. "But a strong, year-on-year global Q4 (fourth-quarter) consumer PC growth rate of 25.7 percent will keep global PC demand high," he said. He was referring to the normal seasonal upswing in consumer PC purchases during the holiday gift-giving season, which typically generates the best quarterly sales of the year. Despite fears of the Y2K impact on computer hardware sales, 1999 will post the highest growth since the introduction of Windows 95 five years ago, IDC said. In the United States, the world's largest PC market, IDC predicted fourth-quarter growth of 12.9 percent due to difficult comparisons with a strong year-ago fourth quarter, PC supply issues tied to the Taiwan earthquake, and some dampening in corporate demand due to Y2K concerns. For the total 1999 year, the United States is expected to show growth of 23.5 percent compared with 1998. U.S. PC shipments are forecast to grow 19.5 percent in 2000, IDC said. In the third quarter, Compaq Computer Corp. <CPQ.N> was the world's largest PC maker, Dell Computer Corp. <DELL.O> , in second place, International Business Machines Corp. <IBM.N> was number three and Hewlett-Packard Co. <HWP.N> number four. ((-- Eric Auchard, New York newsdesk, 212-859-1840)) REUTERS

To: Night Writer who wrote (73393)	12/7/1999 9:39:00 PM
From: MeDroogies	Read Replies (1) \| Respond to of 97611

I would say that 21 mm shares is fairly large volume for a stock that, until recently, barely traded close to that number. Granted, the 30 day average is 23 mm, but we have to remember that CPQ has recently been one of the more popularly traded stocks, even beating AOL (a consistent performer in that respect) several times.

To: Night Writer who wrote (73393)	12/7/1999 10:15:00 PM
From: Piotr Koziol	Read Replies (2) \| Respond to of 97611

NW, as soon as I saw the 1,000,000 size on the ask there were big block buys. Here is a Yahoo! CPQ club member's confirmation of it: Saw some big... csi_satyr (40/M/Bradenton, FL) 12/07/1999 09:10 pm EST block buys this AM. Within the span of 1 minute there were 2 250k blocks and a 500k block on the ask at $27. Looks like we are getting ready to roll. Reminds me of last year when the resistance at $35 was cracked. We broke it, backed off for a day then ran to $39. Is that a pig I see on that runway???