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

To: Ibexx who wrote (28911)	7/12/1998 11:54:00 AM
From: Howard Feinstein	Read Replies (1) \| Respond to of 97611

Huge week for CPQ coming up! Chart shows CPQ about to break out if it can clear the $34 resistance level.Stock has been baseing at higher and higher lows recently and if it can clear the 34 number it is going to at "least" $40! No earnings accounted for already, what is ahead for CPQ is what will move stock either way. Must clear $34! I'm a rootin!!!........ Howie

To: Ibexx who wrote (28911)	7/14/1998 7:48:00 AM
From: Ibexx	Read Replies (2) \| Respond to of 97611

Thread, Interesting article re. CPQ: ______ Tuesday July 14, 4:04 am Eastern Time Compaq's cheapest consumer PC most profitable -WSJ NEW YORK, July 14 (Reuters) - Compaq Computer Corp.'s (CPQ - news) cheapest computer is now its most profitable consumer personal computer, the Wall Street Journal reported Tuesday. Accelerating sales and a sharp drop in costs pushed the margin on Compaq's $899 computer, which is also its biggest seller, above its more expensive consumer PCs, Rod Schrock, vice president of Compaq's consumer division told the newspaper. ''The big misconception is we make a lower gross margin in the sub-$1,000 market,'' Schrock said. ''For the consumer business, those are the most profitable desktops.'' Schrock said the low-cost system took off this spring as huge sales and tight inventory controls allowed Houston-based Compaq to spend less on price guarantees to stores. He said Compaq is paying 42 percent less for home PC components now than it was a year ago, the paper reported. Ibexx