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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Chris who wrote (4964)1/20/1998 10:48:00 AM
From: ViperChick Secret Agent 006.9  Read Replies (3) | Respond to of 42787
 
(look what happens when you dont watch the infamous CNBC!)
briefing com:

08:55 ET PC Makers: Merrill Lynch PC analyst Lucy Painter cuts PC unit growth
forecast, citing secondary effects of Asian financial crisis, according to CNBC.
Lowers her FY97 PC unit growth forecast from 20% to 18%, FY98 from 17% to
14%, and sets a FY99 view of 16.5%. Lowers FY98 estimate for Compaq to
$3.75 from $4.15 and cuts price target by 10 dollars to $90. Lowers FY98 view
on Microsoft from $3.46 to $3.31 and FY98 from $4.55 to $4.30, but maintains
$150 target. Maintains $100 target on Dell, but lowers FY98 to $3.50 from $3.60.
Currently, Dell shares indicated 3/4 lower.