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

To: isdsms who wrote (50005)	2/26/1999 1:59:00 PM
From: Kenya AA	Respond to of 97611

Sorry if already posted ...RESEARCH ALERT - PaineWebber cuts Compaq Reuters Story - February 26, 1999 13:10 NEW YORK, Feb 26 (Reuters) - PaineWebber analyst Don Young downgraded Compaq Computer Corp. Friday to hold from buy, citing weakness in the No. 1 personal computer maker's sales during the first six weeks of the current quarter. -- Young pointed to PC shipments by manufacturers into distributor channels that showed high inventories of Compaq products, while sales out of channels to corporate or retail customers appeared on track, his associate said. -- No further details were immediately available. -- By mid-afternoon, Compaq stock had fallen $5.62 to $35.37 in extremely heavy composite U.S. stock exchange trading of 57 million shares