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


To: isdsms who wrote (38496)12/4/1998 5:08:00 AM
From: rupert1  Read Replies (3) | Respond to of 97611
 
Briefing.com on CPQ, yesterday.

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Compaq (CPQ -3/16) ended nearly 2 points off its intra-day high on late, market-wide retreat... Stock up in early trading on news that BB Robertson Stephens upped its rating to strong buy from buy and its price target from 40 to 50... Briefing concurs... Key resistance is at 40... Penetration of this ceiling would mark upside break out from 15-mo trading range and position computer maker for run to the 48-50 range over next 6- to 12-months.