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

To: hpeace who wrote (8524)	11/4/1997 9:37:00 AM
From: Rosemary	Respond to of 97611

Did we see this: Shares of Dell Computer Corp. and Compaq Computer Corp. rose a wave of support Monday afternoon following positive brokerage comments. Salomon Bros. upgraded both stocks to "buy" from "hold" last week. Salomon analyst Richard Gardner said he sees Compaq trading at a premium to the Standard & Poor's 500 Index. As for Dell, he said he expects an increased consumer mix, bringing higher Internet-based sales and earnings in the next year. Dell rose 3 1/8 to close at 83 1/4, while Compaq rose 3 1/8 to 67 1/8. On a separate note, Compaq cut its prices by 8 to 16 percent on its Armada line of PC's. The cuts included the 4160T, 4160T Slimline, 7730 MT and 7750MT models.