To: Calvin who wrote (116723 ) 4/12/1999 3:34:00 PM From: TCBinAugusta Read Replies (1) | Respond to of 176387
RE: I can't believe that Prudential reiterates a Strong Buy recommendation on CPQ. Here's something they can buy into: April 12, 1999 02:10 PM NEW YORK, April 12 /PRNewswire/ -- Bernstein Liebhard & Lifshitz, LLP, which commenced a securities class action on behalf of purchasers of the common stock of Compaq Computer Corporation CPQ ("Compaq" or the "Company")in March 1999, intends to extend the class period in an amended complaint. The extended class period will be January 27, 1999 through April 9, 1999, inclusive, (the "Class Period"). After the close of trading on Friday April 9, 1999, Compaq announced that it would post a first quarter profit of about $0.15 per share, less than half of what analysts expected from the Company. On Monday April 12, 1999, in response to this shocking disclosure, the price of Compaq stock plummeted more than 25% to as low as $23-1/8 per share from its previous close of $30-15/16. If you purchased or otherwise acquired Compaq securities during the extended Class Period, and either lost money on the transaction or still hold the stock, you may wish to join in the action to serve as lead plaintiff. In order to do so, you must meet certain requirements set forth in the applicable law and file appropriate papers within 60 days of March 12, 1999. If you would like to discuss this action or if you have any questions concerning this notice or your rights as a potential class member or lead plaintiff, you may contact Sandy A. Liebhard, Esq., or Robert J. Berg, Esq., at Bernstein Liebhard & Lifshitz, LLP, 10 East 40th Street, New York, New York 10016, 800-217-1522 or 212-779-1414 or by e-mail at berg@bernlieb.com or liebhard@bernlieb.com. SOURCE Bernstein Liebhard & Lifshitz, LLP And brought to the Dell thread by TCB!