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


To: Eddie Kim who wrote (24678)4/21/1998 4:03:00 PM
From: .com  Respond to of 97611
 
From briefing.com:

5:00 -- 16:00 ET (Updated throughout the hour)******

Compaq Computer Corp. (CPQ) 26 1/2 +1/2: Cowen & Co. lowers 1998 EPS estimate on computer maker given planned significant reduction in
build rates to drive down US commercial desktop channel pipelines; lowers FY98 EPS from $0.68 to $0.60, while keeping FY99 EPS unchanged at $1.55 a share; earnings in FY99 could rise to $2.00+ with DEC merger, however; continues to rate issue a "buy".....