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Technology Stocks : Digital Equipment Corp. (DEC) -- Ignore unavailable to you. Want to Upgrade?

To: Samir Jain who wrote (2629)	12/17/1997 11:20:00 AM
From: vegetarian	Respond to of 3276

Wednesday December 17, 10:42 am Eastern Time RESEARCH ALERT - Digital estimates said cut NEW YORK, Dec 17 (Reuters) - Analysts at Goldman Sachs and Salomon Smith Barney cut fiscal 1998 earnings estimates on Digital Equipment Corp, according to market sources familiar with the actions. -- Goldman Sachs cut its fiscal 1998 earnings per share forecast on Digital to $2.15 from $2.55, the sources said. -- the Goldman analyst said that it seemed unlikely Digital will be able to make up higher-than-anticipated softness in Asia and weaker sales of its Alpha microprocessor, the sources said. Goldman rates the stock market outperformer. -- Salomon Smith Barney lowered its fiscal 1998 EPS estimate on Digital to $2.63 from $2.93, while maintaining its buy rating on the stock, the sources said. -- Salomon Smith Barney said it believed that Digital is experiencing a temporary slowdown in Alpha Server sales due to its agreement with Intel Corp (Nasdaq:INTC - news), the sources said. -- said Digital has had to convince a small number of customers that it is committed to Alpha on a long-term basis and this has caused some sales to slip out of the current quarter. -- also cited weakness in Asia Pacific region, the sources said.