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Technology Stocks : HWP -- Hewlett Packard -- Ignore unavailable to you. Want to Upgrade?

To: rairden who wrote (2089)	5/11/1998 3:12:00 PM
From: William Partmann	Respond to of 4722

news. Monday May 11, 1:37 pm Eastern Time RESEARCH ALERT - Computer hardware targets raised NEW YORK, May 11 (Reuters) - Salomon Smith Barney said Monday analyst John Jones raised target prices on server and enterprise hardware computer companies. -- In a note provided by Salomon, Jones cited strong fundamentals, despite weakness in Asia, for the actions. -- Said believed the group ''is finally experiencing a (price to earnings multiple) expansion...'' -- Kept earnings estimates unchanged on the group. -- Raised Hewlett-Packard Co (HWP - news) target price to a range of $87-$95 per share. Said H-P had ''the strongest fundamentals of the group.'' -- Formerly had H-P target price at $78. -- Raised International Business Machines Corp. (IBM - news) target to $148-$153 a share from $145. -- Raised Lexmark International Group Inc. (LXK - news) target to $71-$74 from $68. -- Raised Sun Microsystems Inc. (SUNW - news) target to $56-$58 from $55. -- Raised Unisys Corp. (UIS - news) target to $25-$27 from $24. -- Raised LeCroy Corp. (LCRY - news) target to $32-$40 from $32. -- Raised Sequent Computer Systems Inc. (SQNT - news) target to $24-$26 from $24. -- Raised Stratus Computer Inc. (SRA - news) target to $60-$66 from $55. -- Raised Tera Computer Co. (TERA - news) target to $15-$20 from $15. --------------------------------------------------------------------------------

To: rairden who wrote (2089)	5/11/1998 4:03:00 PM
From: Vijay Mehta	Read Replies (1) \| Respond to of 4722

Salomon Smith Barney raises target to $87-$95 RESEARCH ALERT - Computer hardware targets raised Monday, May 11, 1998 01:37 PM NEW YORK, May 11 (Reuters) - Salomon Smith Barney said Monday analyst John Jones raised target prices on server and enterprise hardware computer companies. -- In a note provided by Salomon, Jones cited strong fundamentals, despite weakness in Asia, for the actions. -- Said believed the group "is finally experiencing a (price to earnings multiple) expansion..." -- Kept earnings estimates unchanged on the group. -- Raised Hewlett-Packard Co (Nyse:HWP) target price to a range of $87-$95 per share. Said H-P had "the strongest fundamentals of the group." -- Formerly had H-P target price at $78. -- Raised International Business Machines Corp. (Nyse:IBM) target to $148-$153 a share from $145. -- Raised Lexmark International Group Inc. (Nyse:LXK) target to $71-$74 from $68. -- Raised Sun Microsystems Inc. (Nasdaq:SUNW) target to $56-$58 from $55. -- Raised Unisys Corp. (Nyse:UIS) target to $25-$27 from $24. -- Raised LeCroy Corp. (Nasdaq:LCRY) target to $32-$40 from $32. -- Raised Sequent Computer Systems Inc. (Nasdaq:SQNT) target to $24-$26 from $24. -- Raised Stratus Computer Inc. (Nyse:SRA) target to $60-$66 from $55. -- Raised Tera Computer Co. (Nasdaq:TERA) target to $15-$20 from $15. Quote for referenced ticker symbols: UIS, TERA, SUNW, SRA, SQNT, LXK, LCRY, IBM, HWP c 1998, Reuters