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

To: jim kelley who wrote (61450)5/17/1999 4:21:00 AM
From: rupert1  Read Replies (1) | Respond to of 97611
 
Tricord Systems rose 23/32, or 30%, to 3 1/8 on Nasdaq. One of its investors, Compaq co-founder Rod Canion, will join Chairman and Chief Executive John Mitcham in the newly created office of the chief executive. The company said Mr. Canion will assist the company as it accelerates development and marketing efforts to introduce new products into the storage arena. Mr. Canion had been consulting for the company for several months. Tricord develops storage technologies.



To: jim kelley who wrote (61450)5/17/1999 6:33:00 AM
From: Key West  Read Replies (1) | Respond to of 97611
 
Jim,

The Paine Webber analyst's timing of his downgrade, 3 business days before earnings, was very interesting, especially given the fact he had nothing more ominous to say other than that there was a cutthroat competitive environment in the PC industry.

It does not appear he enjoyed the same leak Niles did in Q-4, as Dell has repeatedly stated they are very comfortable with current estimates for Q1.

Regards,

Gene


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