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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Paul Engel who wrote (54614)	4/27/1998 3:30:00 PM
From: Paul Engel	Read Replies (1) \| Respond to of 186894

Intel Investors - Compaq's Orders for Intel CPUs are Rising This is good news and foretells what may be in store for the second half of this year. Paul {=========================} Monday April 27, 12:32 pm Eastern Time RESEARCH ALERT - Compaq upgraded NEW YORK, April 27 (Reuters) - Piper Jaffray said on Monday it raised its rating on shares of Compaq Computer Corp. to buy from neutral, with a $40 per share price target. -- Order activity by Compaq at Intel (INTC - news) for third quarter delivery has picked up, analyst Ashok Kumar said. -- ''We believe that Compaq's bookings with Intel have picked up substantially for the third quarter,'' Kumar said. ''Our current indications are that they could improve by about 12 to 14 percent sequentially.'' -- Average unit prices are expected to recover in the second half from the artificially depressed levels in the first half, Kumar said. More Quotes and News: Compaq Computer Corp (NYSE:CPQ - news) Intel Corp (Nasdaq:INTC - news) Related News Categories: US Market News