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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Sonny McWilliams who wrote (45848)	1/16/1998 8:44:00 PM
From: Sonki	Read Replies (1) \| Respond to of 186894

re: asnd, intc, msft, dell,sunw , dow...etc. daily summ. Ascend Comm Inc. (ASND) BancAmerica Robertson Stephens said it raised its ratings on shares of LEARNING COMPANY and ASCEND COMM INC. Learning Co raised to long-term attractive from market performer. Stability in market for educational software. Ascend raised to buy from long-term attractive. Accelerated demand for core-switching products. (Reuters 01:13 PM ET 01/16/98) Dell Computer Corp (DELL) DIGITAL EQPMT. CORP will make aggressive price cuts in its low- and mid-range Alpha Windows NT servers later this month, analysts said. The price cuts, approaching 50% in the low-end and tapering off towards mid-range servers, will make Digital systems much more competitive against DELL COMPUTER CORP, HEWLETT PACKARD CO, COMPAQ COMPUTER CORP and others. Digital will announce the price cuts on the servers, which store data, manage and run computers linked together in a network, on January 27, analysts said. "They are very significant," one analyst said. "Maybe they are finally figuring they can't charge this premium for Alpha platforms." (Reuters 04:00 PM ET 01/16/98) For the full text story, see full story Microsoft Corporation (MSFT) A federal judge's decision whether to hold MICROSOFT CORP in contempt could matter little to the final outcome of the case, which will turn on the court's reading of an ambiguous 1995 agreement, an antitrust expert said. Questions about contempt, appeals to a higher court and a special adviser to the judge have consumed hundreds of pages of filings and many days of the judge's time, but antitrust specialist Dale Collins said those are all side issues. The key point -- and the starting point for all of the disputes before U.S. District Judge Thomas Penfield Jackson, a special adviser he appointed and an appellate court -- is one unclear paragraph in the 1995 agreement. (Reuters 10:12 PM ET 01/15/98) For the full text story, see full story Sun Microsystems Inc. (SUNW) Late Thursday, senior SUN MICROSYSTEMS INC executives said resurgent European sales, which rose 22% in dollar terms in the 2Q, helped boost its quarterly revenues to record levels. Michael Lehman, Sun's chief financial officer, told analysts in a telephone conference call that the company was experiencing "slightly higher" research and development expenditure as it seeks to exploit new product opportunities. Ed Zander, president of the company's Sun Microsystems Computer Co unit, said Sun had booked orders for "well over 100" of its top-end "Starfire" Enterprise 10000 servers. (Reuters 06:44 PM ET 01/15/98) For the full text story, see full story Sun Microsystems Inc. (SUNW) Merrill Lynch said it had raised its near-term rating on SUN MICROSYSTEMS INC to buy from accumulate while keeping its long-term buy rating on the stock. Sun modestly beat Wall Street estimates in reporting 2Q EPS of $0.57 per share and offered a positive outlook, analyst Steven Milunovich said in a research note. Revenues rose 18% and orders rose 20% despite a currency hit, he said. European demand rebounded and weakness in the Far East appears manageable, he said. "Sun is one of the most profitable computer companies at a 13% operating margin because it controls its own chip and software technologies," Milunovich said. Increased fiscal 1998 earnings estimate to $2.35 per share from $2.30. (Reuters 11:19 AM ET 01/16/98) For the full text story, see full story Sun Microsystems Inc. (SUNW) PaineWebber said it raised its rating on shares of SUN MICROSYSTEMS INC to buy from attractive. (Reuters 12:17 PM ET 01/16/98) Dow Jones 30 Industrials (.INDU) MARKET NEWS: Stocks rose on Friday as Wall Street reacted enthusiastically to hopes the Japanese government would take action to revive the world's second biggest economy. The Dow Jones Industrial Average rose 62 points to 7754. For the week, the Dow gained 173 points and rose in four out of five sessions. Technology stocks also surged, with the Nasdaq gaining 16 points to 1563. Oil stocks and pharmaceuticals outperformed the market, while semiconductors fell. The S&P 500 rose 11 to 962. The benchmark 30-year Treasury bond was off 29/32 in late New York trading, driving the yield up to 5.81%. The dollar was mixed at 1.8332 marks and 129.27 yen. For the full text story, see full story you liked this summary before right? you can subscribe to infobeat and get it.