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


To: Andreas who wrote (76729)1/26/2000 12:41:00 PM
From: P P Bravo  Respond to of 97611
 
Wednesday January 26, 12:28 pm Eastern Time

RESEARCH ALERT - Compaq 2000 eps trimmed

CHICAGO, Jan 26 (Reuters) - ABN AMRO said on Wednesday it trimmed its 2000
earnings per share estimate for Compaq Computer Corp. (NYSE:CPQ - news) to $1.13
from $1.19 after the company released fourth quarter results on Tuesday.

-- In a research note, the brokerage said it took the action because of guidance from the company for a higher-than-expected
tax rate in 2000.

-- ABN AMRO repeated its outperform recommendation on the stock.

-- It also maintained its price target of $35 per share.