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


To: JRI who wrote (46496)2/1/1999 1:03:00 PM
From: Sam Armstrong  Read Replies (1) | Respond to of 97611
 
After the downgrade (str. buy to buy) by Soundview Fin. this morning:

From briefing.com

Updated: 01-Feb-99

12:00 -- 13:00 ET (Updated throughout the hour)******

Compaq Computer Corp. (CPQ) 46 11/16 -15/16: --UPDATE-- NB Montgomery Securities reiterates "buy" rating on computer maker with a 12-month price target of $65.....

Compaq Computer Corp. (CPQ) 46 1/2 -1 1/8: --UPDATE-- PaineWebber maintains buy rating and 12-month price target of $62.50 on computer maker and raises fiscal 1999 earnings estimate; believes indirect retail channel sales are improving while developing direct marketing to consumers; raises FY99 EPS from $1.85 to $1.95 and establishes a FY00 EPS estimate of $2.55 a share.....



To: JRI who wrote (46496)2/1/1999 1:17:00 PM
From: Loki  Respond to of 97611
 
john rosser...good post...I agree....

On the point concerning announcements, I would add:

Announcements should be of high quality and informative,
that are well presented, with maximum impact.

As it appears now the announcements are many
mediocre announcements that are "sterile" reactions to
events and not very information. This creates uncertainty
among investors and builds up a tolerance when CPQ does present
good news.

Loki