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Technology Stocks : Micron Only Forum -- Ignore unavailable to you. Want to Upgrade?

To: Fabeyes who wrote (39941)	10/14/1998 5:59:00 PM
From: Fabeyes	Read Replies (2) \| Respond to of 53903

Compaq Third-Quarter Net Income Falls 78 Percent HOUSTON (Reuters) - Compaq Computer Corp. (CPQ - news) said today third-quarter profits fell 78 percent to $115 million, but beat expectations, and that its integration of recently acquired Digital Equipment Corp. is on track. The world's biggest personal computer maker said net income translated to 7 cents a diluted share, in the quarter, from $517 million, or 33 cents a diluted share, one year ago. Wall Street analysts had forecast net income of 6 cents a share. Sales, at $8.79 billion, jumped 36 percent from the $6.47 billion Compaq reported last year, but fell short of the $9.0 billion level projected by analysts. Houston-based Compaq, which has characterized itself as being in a ''transitional'' period following its $8 billion acquisition of Digital, said the blending of the two giant computer hardware makers is on track. ''The third quarter was the first full quarter of operating the combined companies of Compaq and Digital,'' Eckhard Pfeiffer, Compaq's president and chief executive, said in a statement. ''The Compaq team took decisive implementation steps during the quarter to begin realizing synergies from the Digital acquisition.'' The company reiterated its belief that Digital will add to earnings as soon as the fourth quarter, noting that a significant portion of the integration of Digital's sales force has already been completed. dailynews.yahoo.com Apple profits blast past forecasts Computer maker reports per share earnings of 68 cents msnbc.com

To: Fabeyes who wrote (39941)	10/15/1998 9:59:00 AM
From: Bipin Prasad	Respond to of 53903

Micron Technology Inc. (MU) 31 1/8 -1/8: CE Unterberg Towbin initiates coverage of memory chip maker with "buy" and a price target of $45 a share; expects competitive landscape, pricing, and manufacturing trends to bode well for the company as turnaround is near; Micron may soon become the leading DRAM vendor in the world..... Intel Corp. (INTC) 82 1/8 -7/16: CE Unterberg Towbin initiates coverage of chip maker with "buy" and a price target of $100 a share; new products, strength in servers and workstations should re-accelerate earnings in 1999 as PC market is projected to grow by 13% to 15% in units over the next several years..... InSook