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


To: rupert1 who wrote (38400)12/3/1998 1:37:00 PM
From: JungleCat  Read Replies (1) | Respond to of 97611
 
Wasn't sure if this had been posted yet.

RESEARCH ALERT - Compaq raised

NEW YORK, Dec 3 (Reuters) - Robertson Stephens said Thursday that analysts Daniel
Niles and Alex Mou have raised their rating on Compaq Computer (NYSE:CPQ - news)
(NYSE:CPQ - news) and increased their price target.

-- raised rating to a strong buy from buy.
-- increased price target to $50 from $40.
-- cited record November units, record holiday sales.

-- New direct program and higher mix of enterprise and service business ''should help increase Compaq's gross margin to
30 percent.''

-- believed ''street high Q4 EPS estimate of $0.40 has upside based on units and that FY99 EPS has upside as well.''

-- Compaq shares at 38, up 1-3/8.



To: rupert1 who wrote (38400)12/3/1998 1:52:00 PM
From: Elwood P. Dowd  Respond to of 97611
 
Thursday December 3, 12:09 pm Eastern Time

Company Press Release

Bank of Ireland Selects Compaq
AlphaServers to Help Improve Profitability
Management

HOUSTON--(BUSINESS WIRE)--Dec. 3, 1998--Continuing to provide technology and business solutions
that allow financial services industry customers to stay competitive, Compaq Computer today
announced that Bank of Ireland [NYSE:IRE - news], Ireland's leading bank with $30 billion (US$) in
assets, has purchased Compaq AlphaServers to run its new profitability systems. Compaq, along with
its partner Profit Management Group (PMG), will provide systems software and consulting to help the
bank's business managers increase their understanding of and maximize the profitability of its customer
relationships with better quality and quantity of information. This purchase by Bank of Ireland, which has
used Compaq AlphaServers in a number of strategic projects, represents a significant extension of its
relationship with Compaq.

The new solution at Bank of Ireland meets its business managers' needs for customer profitability, and
product and organizational profitability information. PMG's software allows the bank to measure
profitability at the customer level, giving managers better account control and measurement. The new
solution will also help Bank of Ireland determine:

-0-

-- Local market profitability reporting showing the impact of
channel usage on profitability,

-- Product, sector, channel and unit profitability information, and

-- Channel capacity utilization and how effectively customers are
using new and existing delivery channels.

''In today's competitive banking environment, banks have to do a better job of managing their return on
assets,'' said Des Crowley, general manager, Retail Finance & Strategy at the Bank of Ireland. ''With
Compaq and PMG we're able to manage our customer relationships for profitability. Compaq is an
important technology partner for the Bank and its relationship with PMG, as part of an overall CRM
solution set, offers us a proven way to optimize this very important aspect of our business.''

''Understanding profitability across products, channels and customers is essential for effective
Customer Relationship Management,'' said Jerry Peterson, vice president of Financial Services and
Electronic Commerce at Compaq. ''Compaq's proven understanding of the banking business and
processes allowed us to give the Bank of Ireland a complete solution. This solution enables the bank to
take advantage of the AlphaServers and analyze massive amounts of data very quickly for better
decision-making that ultimately leads to more profitable customer relationships.''