Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: jim kelley who wrote (9837)	11/29/1997 3:56:00 PM
From: hpeace	Respond to of 97611

i don't ever remeber ku mentioning he owned cpq///// he does have uncanny info on both cpq and dell

To: jim kelley who wrote (9837)	11/29/1997 7:56:00 PM
From: Rosemary	Read Replies (2) \| Respond to of 97611

Jim, Hot off the presses: Compaq , Dell up on sector optimism NEW YORK, Nov 28 (Reuters) - Shares of Compaq Computer Corp and Dell Computer Corp rose in active trading Friday as investors expressed greater confidence in profit margins and earnings prospects for computer manufacturers, analysts said. Compaq, the most active issue on the New York Stock Exchange, jumped as much as 2-1/16 in early trading to 64-3/16. Shortly before the exchange's scheduled early close of 1300 EST, it was up 5/8 at 62-9/16 on a volume of about 3.8 million shares. Dell, which reported stronger-than-expected earnings earlier in the week, rose as much as 1-1/2 to 85-3/8 before settling back to 84-5/16, up 7/16. It was Nasdaq's fourth most active issue with more than 2.5 million shares changing hands. Sanford C. Bernstein analyst Vadim Zlotnikov, who reiterated a buy rating for Compaq on Wednesday, said shares of larger personal computer makers, such as Compaq and Dell, were being boosted by growing investor confidence in margins. ''As component and disk drive makers face continuing pricing pressures, it benefits PC makers by helping their margins,'' Zlotnikov said. He said he expects Compaq shares to continue rising toward the $75-$80 per share range over the next six months. Southwest Securities analyst analyst Gene Ramirez said PC makers continue to benefit from Dell's better-than-forecast third quarter results Monday of $0.69 per share. It had been forecast to earn $0.65 per share. ''It proved to the investment community that growth in the sector isn't slowing, the industry remains pretty healthy,'' Ramirez said. ''Both these companies are leaders. There is ample room to grow for both these companies, at home and abraod,'' Ramirez added.