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

To: secrus2 who wrote (14027)	1/20/1998 9:58:00 AM
From: Andreas	Read Replies (1) \| Respond to of 97611

to Thread, Maria Barturomo on CNBC stated that someone (didn't catch who it was) cut CPQ's 1998 earnings estimates to $3.75 and the target price from $115.00 to $90.00. That should be enough to keep cpq mired at around $60 for the next three months! Will CPQ ever begin moving toward these mystical target prices around $100? And don't you just love the way Maria presents every little bit of news as if she is working for National Enquirer and just got the latest scoop on Clinton's latest alleged tryst? Sometimes you can't but help believe that most of the so-called anal -ysts are as dumb as a pop-up toaster.

To: secrus2 who wrote (14027)	1/20/1998 10:03:00 AM
From: Thomas Dremel	Read Replies (1) \| Respond to of 97611

Lucy P at ML doesn't have a clue what PC growth will be in 98 and 99... this is total nonsense and confirms my belief that stock analysts are the most unproductive person in society. CPQ has said that business is good and ALSO that ASIA will not have a material effect on earnings - I believe that. Let the earnings take care of this nonsense from Lucy P. It seems that ML is reiterating their buy on CPQ - so there's not much rational though going on there. ML also has a reduced stock target of 90- which is still good... not that I care what ML says in the LONG TERM. In the short term, it may dip... but I've been holding and will continue to hold my position. Tom D