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


To: rupert1 who wrote (50100)2/26/1999 5:51:00 PM
From: Elwood P. Dowd  Respond to of 97611
 
Huh??? What am I missing here??? El........

CPQ UPGRADE to "ATTRACTIVE" (Kinda!!!)

The Credit Suisse First Boston analysis this morning rated CPQ as a BUY at $41. But it
also said that if the stock fell back as a result of the comments about first quarter revenues
then they would rate it "ATTRACTIVE" So now its "ATTRACTIVE"

"Lowering Compaq Q1 EPS to $0.31 from $0.36 due to weaker-than-
expected January

Compaq is trading around 24 times our revised forward four-
quarter consensus estimates and at a roughly 10% discount to
the S&P. Should the stock pull-back as a reaction to our
lowering Q1 earnings estimates, we would find it attractive.
We maintain our Buy rating and feel the stock should outperform
the S&P."