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

To: Jeff Mills who wrote (49828)	2/26/1999 9:59:00 AM
From: .com	Read Replies (2) \| Respond to of 97611

Cuts and downgrades from DLJ, Paine Webber and Merril, for starters. Compaq Computer Corp. (CPQ) 35 -6: --UPDATE-- Merrill Lynch maintains "neutral" ratings on computer maker but lowers estimates; cuts Q1 EPS estimate from $0.35 to $0.30 and FY99 EPS from $1.80 to $1.75 a share..... Compaq Computer Corp. (CPQ) 35 1/2 -5 1/2: --UPDATE-- DLJ downgrades computer maker from "buy" to "market perform" and lowers revenue and earnings estimates; company seeing weakness in small-midsize North American and European accounts; also negative currency effect from Brazil; lowers revenue assumption from $10.1 bln to $9.6 bln and unit assumption from 3.6 mln to 3.35 mln; lowers Q1 EPS estimate from $0.35 to $0.30, FY99 EPS from $1.85 to $1.75 and FY00 EPS from $2.30 to $2.25 a share; cuts 12-month price target from $60 to $45.... Compaq Computer Corp. (CPQ) 37 5/8 -4 3/8: --UPDATE-- PaineWebber downgrades computer maker from "buy" to "neutral".....