To: P2V who wrote (37123 ) 11/21/1998 1:08:00 AM From: Night Writer Read Replies (1) | Respond to of 97611
COMPAQ COMPUTER, which provides the information technology and central host computers to the potential nine members of a pan-European bourse, said it was developing software which could link them. But linking nine stock exchanges in a pan-European alliance would not be easy, and a system enabling this would take at least a year to put together, Compaq said. "It would not be that easy. The easiest thing would be to agree on a single platform. That would be easy technically but very difficult politically," said Mark Miller, capital markets segment manager for Compaq Europe. (Reuters 12:13 PM ET 11/20/98) For the full text story, see infobeat.com * MICROS-TO MAINFM late Thursday said it had been authorized as an INTEL CORP "solution provider" or official source for Intel products. Micros-To-Mainframes fulfilled a number of Intel requirements to gain the authorization. The Rocky Hill, Conn. company has already gained similar authorizations from Microsoft, Novell and Citrix. Since 1986, Micros-To-Mainframes has provided network analysis & diagnostics equipment and services in the New York Tri-State area. (Reuters 09:02 PM ET 11/19/98) * Prudential Securities analyst Hans Mosemann said he cut his rating on INTEL CORP to an accumulate from a strong buy rating while lifting the company's price target to $130 a share from $120. Mosemann also cut CYPRESS SEMICONDUCTOR CORP to an accumulate from a strong buy rating. Further details were not immediately available. (Reuters 08:59 AM ET 11/20/98) * Gruntal analyst Mona Eraiba became more bullish on INTEL CORP, saying the company should earn more and its stock price could rise higher in the next year. She raised 12-month price target to $125 from $120, and raised 1999 EPS estimate to $4.50 from $4.15. She set a year 2000 EPS target of $5.25 a share. Eraiba expects the company to earn $1.05 a share when it posts 4Q EPS around January 12, compared with $0.98 in the year-ago quarter. "We believe 1999 is presenting positive signals for continued growth in the PC market based on the strong presence of new corporate purchases," she said in a research note. Eraiba noted that several personal computer companies are expecting growth as old computers are upgraded ahead of the Year 2000, which could increase chip demand. (Reuters 09:40 AM ET 11/20/98)