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: Mohan Marette who wrote (18634)	3/1/1998 9:51:00 AM
From: William Hunt	Read Replies (1) \| Respond to of 97611

Mohan -THREAD -- For your information on SB--- Salomon Smith Barney Top Picks for '98/User's Guide January 1998 A Year of Challenge. For three years, the stock market has had impressive overall growth. But we believe '98 will be more challenging. And finding companies with strong earnings will be harder. Conditions that make it a stock picker's year. 44 Award-Winning Analysts. 95 Stocks. This brief contains the Top Picks of our analysts, and a User's Guide section developed to help investors manage a list of 95 stocks. Salomon Smith Barney's User's Guide to Top Picks looks at our selected stocks in a variety of ways that we believe should prove useful to investors in planning an investment strategy for 1998. In this brief you will find: the complete list of Salomon Smith Barney Top Picks for '98 (the selections of our 44 Institutional Investor All American analysts appear in bold/italic in the table on page 2); our outlook for 1998 from our strategy group; and our User's Guide to Top Picks for '98 which highlights the stocks we believe: Deliver the highest yields. Have the highest technical ratings. Have the lowest '98 P/E to 5-year EPS growth ratios. Have the highest '98 EPS estimates versus Street consensus. Have the highest '98/'97 EPS growth potential. Demonstrate the highest projected 5-year EPS growth rates. Will be the biggest beneficiaries from important developing themes and trends. Salomon Smith Barney Top Picks For 1998 Accustaff ASI 1H $24.31 AES# AES 1M $41.88 Alkermes Inc.* ALKS 1S $17.37 Allegiance Corp. AEH 1M $33.25 Altera# ALTR 2H $33.63 Amgen AMGN 1H $53.19 Asia Pacific Fund APB 2H $7.31 Avon Products AVP 1M $59.81 Beverly Enterprises BEV 1M $13.00 Boeing# BA 1L $47.81 Cable Design Tech.# CDT 1H $37.38 Capital One Financial COF 2H $51.81 Charter One Financial* COFI 1M $61.31 Chase Manhattan# CMB 1M $106.69 Cisco Systems* CSCO 1M $53.19 Clear Channel Comm. CCU 2M $75.63 Coca-Cola Enterprises CCE 1M $33.56 Colgate-Palmolive CL 2L $69.00 Compaq Computer CPQ 2H $53.31 Crompton & Knowles CNK 1M $25.56 CSX Corp. CSX 2M $51.13 Disney (Walt) Co. DIS 1M $95.06 E.W. Scripps Cos. SSP 1M $47.31 Edison International# EIX 2M $27.00 Educational Medical# EDMD 1S $8.13 El Paso Energy EPG 1M $63.19 EMC Corp. EMC 1M $24.13 Equitable Cos. Inc. EQ 1M $48.63 Ericsson (L.M.)* ERICY 1M $36.13 ESC Medical Sys.Ltd.# ESCMF 1H $36.25 EXEL Limited XL 1M $59.06 Fannie Mae# FNM 1M $55.75 First Data Corp.# FDC 2M $26.00 First Union Corp.# FTU 1M $49.44 Fluor Corp. FLR 1H $35.69 Food Lion# FDLNA 2M $8.50 Foodmaker, Inc. FM 2H $14.88 Forcenergy FEN 1H $25.94 Ford Motor Co. F 2M $46.75 Freeport-McMoRan C/G FCX 1H $15.25 Fuisz Technologies# FUSE 2S $8.38 GATX Corp. GMT 1M $69.88 General Electric GE 1L $70.81 Gibraltar Steel ROCK 1M $19.63 Harnishfeger Ind. HPH 1H $33.19 HBO & Co.# HBOC 1H $45.88 HEALTHSOUTH# HRC 1M $26.19 IBM# IBM 1M $101.69 Identix IDX 1S $9.63 IMC Global IGL 1H $32.56 Interface Inc.# IFSIA 1H $28.81 Intimate Brands# IBI 2M $22.13 Lear Corp. LEA 1M $46.50 Lilly, Eli LLY 1M $67.81 Marshall & Ilsley* MRIS 1M $57.63 MCN Energy Group MCN 1M $39.06 Mead Corp. MEA 1M $27.94 MFS Inter. Income Tr. MIN 2L $7.06 Microsoft* MSFT 1M $120.75 Mirage Resorts# MIR 1M $22.00 Monsanto MTC 1L $39.31 Morgan Stanley/DW Dis.# MWD 1H $52.94 Murphy Oil Corp. MUR 2L $53.38 Noble Drilling Corp. NE 1M $27.44 Nova Corp.# NIS 1H $25.44 Nuveen Premium Inome Fd.4 NPT 2M $13.94 Omnipoint Corp. OMPT 1S $21.25 PeopleSoft* PSFT 1H $35.13 Philip Morris MO 1H $43.88 PhyCor Inc.# PHYC 1M $27.13 Promus Hotel Corp. PRH 1M $36.71 Public Storage Inc.# PSA 2M $28.75 Quintiles Transnat.l.# QTRN 1H $36.50 Schlumberger SLB 1L $72.94 Singapore World Equity EWS 2A $6.63 Sonoco Products SON 2M $33.31 Steris Corp.# STRL 1H $45.00 TCI Ventures Group TCIVA 1H $28.19 Tel-Save Holdings# TALK 1H $20.88 Teledata Comm. TLDCF 1H $16.63 Tellabs* TLAB 1M $51.00 Texaco TX 1L $53.75 Textron# TXT 1M $60.00 Thermo Electron TMO 1M $42.63 Trex Medical# TXM 1M $14.00 U.S. Filter# USF 1M $29.25 U.S. Office Products# OFIS 1H $16.88 UAL Corp. UAL 1M $87.31 Union Carbide UK 2M $42.00 USA Floral Products# ROSI 1H $17.75 USFreightways USFC 1M $30.88 Vintage Petroleum VPI 2M $17.50 Wal-Mart Stores, Inc. WMT 1L $37.56 Wolverine World Wide WWW 2H $20.88 Xerox# XRX 1M $68.75 -------------------------------------------------------------------------------- The companies in bold/ital. are the selections of Institutional Investor analysts. Prices and ratings as of 12/26/97. next page ÿ Salomon Smith Barney is a service mark of Smith Barney Inc. Smith Barney Inc. and Salomon Brothers Inc are affiliated but separately registered broker/dealers under common control of Salomon Smith Barney Holdings Inc. Salomon Brothers Inc and Salomon Smith Barney Holdings Inc. have been licensed to use the Salomon Smith Barney service mark. By using this Site you agree to certain terms and conditions which Smith Barney Inc. may modify. This Site is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any security which may be referenced herein. Offers can only be made where lawful under applicable law. Persons mentioned in this Site may only transact business in states in which they have been properly registered or exempt from registration. Important information for United Kingdom users. Smith Barneyr is a registered trademark of Smith Barney Inc. Smith Barney Accesssm is a service mark of Smith Barney Inc. Please contact us with your comments. c1997 Smith Barney Inc. All rights reserved. Member SIPC. BEST WISHES BILL

To: Mohan Marette who wrote (18634)	3/1/1998 10:04:00 AM
From: William Hunt	Read Replies (1) \| Respond to of 97611

Mohan ---THREAD -- My understanding on the big drag on DEC earnings has been the HUDSON chip plant that makes the ALPHA chip . THIS is due to be taken over by a real chip manufacturer in the second qtr thus eliminated a big headache for DEC while also eliminating 2500 employees who will be absorbed by INTEL. The second issue is that CPQ has been studying the financials for DEC for two years -- EP will move fast in the second qtr to integrate the two companies . I agree with the one billion dollar charge in the second qtr for layoffs and facility shutdowns. The future is bright since CPQ will push the ALPHA platform with INTEL help until the MERCED is available in volume to convert their client to a WINDOWS NT platform in 2000 . I strongly believed that CPQ?DEC merger will be accretive in the third qtr of 1998 BEST WISHES BILL

To: Mohan Marette who wrote (18634)	3/2/1998 12:15:00 AM
From: George Dvorsky	Read Replies (3) \| Respond to of 97611

Mohan/All, It surprises me that noone on this thread blames DEC for Compaq's under performance of late. CPQ had been shadowing DELL for the last year, see chart: tscn.com and pulled back when it announced it would finally take on the underperforming DEC. First the negatives were exposed and CPQ suffered a bit. Then the market focused on the positives and CPQ perked up to 37-38. Then rumors of another bad DEC quarter surfaced and DEC moved to cut costs and the word was that they were trying to look good for CPQ. The market doesn't like uncertainty and started, and continues, to bail out of both (the risk factor in the risk/reward ratio just went way up). DEC dropped below 60 just after someone dumped 250,000 shares last week. and promptly broke below 58. I think the tail is wagging the dog here. Most of the ranting on this board is right, CPQ should not be going down like this. But the board ignores the fact that this is now CPQ/DEC and if DEC suffers a $1.00 loss this quarter CPQ will hit $25. Of course if DEC blows away the street's numbers, CPQ could surge to 40 on that news and $50 as the doubters come back. Don't underestimate DEC's power to shake up the market at earnings time. It has been historically unpredictable every quarter and has had it's share of fireworks and duds. That is not what the recent CPQ investor is used to, but you better get used to it. As a long time DEC supporter, I already am used to it.... Keep your powder dry and don't fire until you see the whites of their eyes... .. And by the way, isn't anyone tired of hearing about channel stuffing and one stupid downgrade on this thread? If that's all the news there is, maybe the stock deserves to go down. gd