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To: sand wedge who wrote (8081)	4/7/1999 9:55:00 PM
From: SJS	Read Replies (1) \| Respond to of 14427

correctamundo....... ________ ......Today's session had started off on the right foot, with technology shares marching higher for the fourth day. But cautious words from Merrill Lynch tugged computer-related shares underwater, where they stayed for the rest of the session. Hewlett-Packard (HWP) declined 1/4 to 69 3/4 and Compaq Computer (CPQ) dipped 9/16 to 30 5/16. Merrill cautioned that the companies' upcoming quarterly results might show less-than-expected revenue tallies. Merrill also served up comments on other computer-related companies and technology segments. The broker believes EMC (EMC) and IBM (IBM) might better Wall Street forecasts of first-quarter profits. Stock of the former tacked on 3 3/16 to 134 3/8, while shares of the latter were ahead 3 1/2 to 186 1/2. But Merrill panned the prospects for enterprise software developers. It sees corporate spending on the year 2000 problem dampening demand for the companies' products. On the plus side, the broker said the semiconductor industry has seen its darkest days.