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


To: QuentR who wrote (75524)1/10/2000 11:49:00 AM
From: QuentR  Read Replies (1) | Respond to of 97611
 
RESEARCH ALERT - Ingram Micro lowered

NEW YORK, Jan 10 (Reuters) - Salomon Smith Barney said on
Monday it lowered its rating on shares of Ingram Micro Inc. to
outperform from buy.
-- Downgrade relates to Compaq Computer Corp.'s
acquisition of Inacom Corp.'s configuration and
fulfillment operations on Ingram Micro, analyst wrote.
-- Less optimistic about company's ability to offset lost
Compaq revenue.
-- New twelve month price target $16.
-- Ingram stock down 1/16 to 12-1/2.
((Wall St. desk 212-859-1730))