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

To: Elwood P. Dowd who wrote (50894)	3/2/1999 1:02:00 AM
From: Kenya AA	Respond to of 97611

El: Yeah, I noticed that too. I wonder if Compaq is going to get "blamed" for this whole "PC industry slowdown/revenue shortfall" disaster, just like last year??? K

To: Elwood P. Dowd who wrote (50894)	3/2/1999 2:15:00 AM
From: jim kelley	Read Replies (2) \| Respond to of 97611

Hmmm.... channel dislocation??????????? Maybe Channel stuffing possibly!!!!!!!! Good work Elwood now you caught up with what happened in December.

To: Elwood P. Dowd who wrote (50894)	3/2/1999 6:27:00 AM
From: hlpinout	Respond to of 97611

El, Here's a completely different reasoning. RESEARCH ALERT- Salomon cuts Compaq Q1 view Monday, March 1, 1999 01:03 PM Mail this article to a friend new! NEW YORK, March 1 (Reuters) - Salomon Smith Barney on Monday said it cut its estimate of Compaq Computer Corp.'s (Nyse:CPQ) first quarter earnings, but kept its buy rating and $65 target price. -- cut Q1 EPS to $0.30 from $0.34. -- noted that the value of Compaq's operating assets in Brazil dropped by $100 million since January as a result of the 40 percent devaluation of Brazil's Real. "(This drop) is entirely responsible for the reduction in our earnings estimate," Salomon analyst Richard Gardner said in a note. -- noted that Compaq has said its January sales were slightly below expectations in North America and European mid-size business PC market, but that orders have picked up late in February. -- shares on Monday afternoon dipped 1-3/4 to 33-1/2.