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To: Jerry Miller who wrote (116343)	4/11/1999 9:30:00 PM
From: TechMkt	Read Replies (1) \| Respond to of 176387

I think desparation is setting in over at CPQ. Looks like DELL is beating up on CPQ in Europe and America, while IBM is hammering them in Japan. Fez ________________________ Compaq to Cut Prices of Computers Sold in Japan, Nikkei Says Bloomberg News April 11, 1999, 4:23 p.m. PT Tokyo, April 12 (Bloomberg) -- Compaq Computer Corp.'s Japanese unit will cut the prices of computers sold to Japanese corporate clients by an average of 20 percent to compete with IBM Japan Ltd., which has also decided to lower prices, the Nihon Keizai newspaper said, without citing sources. Compaq will cut prices for all its desktops, laptops and PC servers this month. Compaq, which has the world's largest market share at 14.8 percent, only ranks seventh in Japan with a 4.3 percent share, according to IDC Japan, a private research company. Houston-based Compaq said Friday its first-quarter earnings will be about half what analysts forecast because of falling personal computer prices. (Nihon Keizai, 4/12, p.15)(www.nikkei.co.jp)

To: Jerry Miller who wrote (116343)	4/11/1999 9:32:00 PM
From: Alohal	Read Replies (1) \| Respond to of 176387

Depends on your point of view. If you're waiting for a buying opportunity, this looks mighty fine. However, if one is a short-term trader who held over the weekend, I would agree it doesn't look pretty. Beauty is in the eye of the beholder, no? Regards and aloha.