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

To: Jimbo Cobb who wrote (55931)	4/7/1999 12:09:00 PM
From: Kenya AA	Respond to of 97611

I've been out for most of the morning so I don't know what's going on with the market but I just heard Martha McCallum say that traders are nervous about tech stocks because ML came out this morning questioning HWP and CPQ revs for this quarter. ML is also "worried" about software company revs. Anything else, besides profit taking of course, to account for the sell off? If not, I predict it will be short-lived and this is a buying op. K

To: Jimbo Cobb who wrote (55931)	4/7/1999 12:10:00 PM
From: Tradelite	Respond to of 97611

Infoworld Magazine of 3/29 lists the top five leaders in PC sales in fourth quarter/1998 as follows: Number of Computers shipped Compaq (1,949,000) Dell (1,375,000) Gateway (981,000) IBM (978,000) HP (777,000) According to this story: "The United States, Western Europe, and Asia will help drive the global PC market to new heights in 1999. Worldwide, the number of PCs shipped this year will increase by 14.3 percent over 1998 figures, hitting 103.2 million units, according to an IDC (International Data Corp.) global forecast." __________________ CPQ just received a very strong endorsement from a local investment adviser because of its strong upside potential--it's his top stock pick for the day at $30, so I bought some. It's already up 3/16----I can't complain! :)