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


To: Steven N who wrote (84140)8/10/2000 8:26:10 PM
From: Salah Mohamed  Respond to of 97611
 
Steven ... About H&Q Rating

H&Q upgraded CPQ to 'Strong Buy' from 'Buy' on 7/26, most likely they reiterated their recommendation in the link you referred to. It seems that even some of the brokers with a 'hold' or 'neutral' rating are jumping on the bandwagon.

GKM analyst who covers CPQ is David Bailey. This guy never said a good word about CPQ, here are his comments about Q2 report:

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``It was a mixed quarter,'' said Gerard Klauer Mattison analyst David Bailey, saying the company did not perform well in storage and services, both considered quickly expanding markets with the explosion of business on the Web.

``IBM (NYSE:IBM - news) and Hewlett-Packard Co. (NYSE:HWP - news) articulated an e-commerce strategy over a year ago, and Compaq has just started to align themselves with an e-commerce strategy in services,'' he said.
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Yesterday, one of GKM anaylsts recommended CPQ, here are his comments:

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Peter Green, Market Analyst, Gerard Klauer Mattison
8/9/2000 4:45:34 PM

Stock Picks

CPQ - Good money flow. Recently broke out under very good volume. Had been basing for some time. Looks constructive technically and getting better fundamentally.

216.46.236.91
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Interesting!!!!!!