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

To: The Duke of URL© who wrote (94620)	1/8/2002 12:17:36 PM
From: Elwood P. Dowd	Respond to of 97611

Morgan Stanley Raises 2002 Outlook by: skeptically 01/08/02 12:08 pm Msg: 267613 of 267616 biz.yahoo.com Tuesday January 8, 11:59 am Eastern Time RESEARCH ALERT-Compaq 2002 earnings estimate raised NEW YORK, Jan 8 (Reuters) - Morgan Stanley on Tuesday said it increased its expectation for No. 2 personal computer maker Compaq Computer Corp.'s (NYSE:CPQ - news) 2002 earnings to 33 cents per share from 28 cents per share after the company said the fourth quarter of fiscal 2001 was better than it expected. Morgan Stanley also raised its 2002 revenue expectation to $33.2 billion from $32 billion. Morgan Stanley said it believes the fourth quarter was better than expected due to strength in sales of server computers that run Windows NT operating systems. Compaq shares were off 17 cents, or 1.4 percent, at $11.51 in early Tuesday trading. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Also, Deutsche Bank reiterates >Compaq CPQ Deutsche Banc Buy