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

To: Roads End who wrote (19700)	3/5/1998 4:17:00 PM
From: TechMeister	Respond to of 97611

Research Alert - Day Traders On-line Starts Compaq Computer As Buy MONTEREY, Calif.--(BUSINESS WIRE)--March 5, 1998--DAY TRADERS ON-LINE (www.daytraders.com) said Thursday it initiated coverage of Compaq Computer (NYSE:CPQ - news) with medium term buy rating and set a 6-12 month price target of $40 a share. -- Stock attractively valued at current levels when compared to potential revenue increases through 1999 and 2000. -- Company well positioned to take advantage of lower CPU prices as well as the introduction of Intel's new 64 bit Merced chip, expected later next year. -- Expansion into sub $1000 PC market while maintaining strong presence in Internet server market seen as a positive for future growth. -- Company expected to combine strong name brand recognition with new ''build to order'' distribution model as successfully used by other companies such as Dell (NASDAQ:DELL - news) and Gateway 2000 (NYSE:GTW - news). -- Chart appears to have technical support around $25 to $27 levels. -- Near term price target set at $30, 6-12 month target set at $40 plus. We would consider any weakness into the $25 to $27 or less range (if seen) as a buying opportunity for those willing to hold 6 to 12 months or more. For further information on this and other short to medium term trading and investing ideas, please visit the company's website at daytraders.com or send e-mail to: info@daytraders.com. Contact Information: DAY TRADERS ON-LINE Post Office Box 150 Pacific Grove, CA 93950-0150 408-649-4545 info@daytraders.com daytraders.com For all questions & customer service needs, e-mail to: support@daytraders.com