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To: dennis michael patterson who wrote (29106)	9/5/2000 11:03:48 PM
From: Challo Jeregy	Read Replies (2) \| Respond to of 42787

tomorrow should be interesting . . . biz.yahoo.com Tuesday September 5, 10:59 pm Eastern Time RESEARCH ALERT-Bear Stearns boosts IBM earnings views NEW YORK, Sept 5 (Reuters) - Bear Stearns analyst Andy Neff said late on Tuesday he has boosted earnings estimates for the next two years on International Business Machines Corp (NYSE:IBM - news). -- Neff said the move pushed him to the mid-range of the current analysts' range of views from the low-end of estimates. -- The analyst also said that after checking up on demand for personal computers, he believed that business was on track for Apple Computer Inc (NasdaqNM:AAPL - news), Dell Computer Corp (NasdaqNM:DELL - news), Compaq Computer Corp (NYSE:CPQ - news) and Gateway Inc (NYSE:GTW - news) and reflected ``normal seasonal trends''. -- Neff said he boosted the current 2000 year earnings estimate to $4.45 from $4.35 per share previously and to $5 per share from $4.95 for 2001, based on an expected favourable mix of higher margin services, hardware and software revenues. -- He maintained his buy rating on the world's largest computer maker. -- His comments on PC makers appeared to counter concerns raised by rivals at competing brokerages in recent days, in particular cautious remarks by Piper Jaffrays' Ashok Kumar on Compaq, Dell and Gateway. Kumar questioned whether Dell would manage to meet revenue expectations for its current quarter. <EDIT>- Very interesting . . . biz.yahoo.com RPT-China Unicom raises new hopes for CDMA in China By Matt Pottinger BEIJING, Sept 5 (Reuters) - Three months after calling off plans to use current-generation wireless technology backed by San Diego-based Qualcomm Inc, China's number two mobile phone company is raising expectations of a change of heart. Chinese and foreign telecoms manufacturers, who would stand to earn billions of dollars selling CDMA equipment and handsets, said on Tuesday China Unicom had signalled it may build narrowband CDMA networks as early as January. ``They've been cautiously optimistic with us,'' said Scott Erickson, Hong Kong-based vice president of wireless marketing for Lucent Technologies (NYSE:LU - news).