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


To: Mao II who wrote (58932)4/20/1999 4:12:00 PM
From: Night Writer  Respond to of 97611
 
Clerical error briefly "hikes" Compaq stock

SAN FRANCISCO, April 20 (Reuters) - A clerical error at the
Pacific Exchange caused the stock of Compaq Computer
Corp.<CPQ.N> to momentarily appear as if it were trading at
$900 a share Tuesday before it was corrected back to normal
levels of about $23.50.
Exchange officials attributed the phantom price hike to a
"clerical error" but could give no further information. "It is
now being corrected," an exchange spokeswoman said.
Compaq ousted company President Eckhard Pfeiffer Sunday,
nine days after the Houston-based company announced that its
first quarter earnings would be far below expectations.
Compaq stock was 75 cents higher at $23.50 in consolidated
New York Stock Exchange trading in late afternoon.
REUTERS



To: Mao II who wrote (58932)4/20/1999 4:14:00 PM
From: Night Writer  Read Replies (1) | Respond to of 97611
 
- Compaq Computer (CPQ) was upgraded to "accumulate" from "hold" by Donaldson
Lufkin Jenrette