Friday: Compaq Talks Cheap

Publish date:

Compiled by John J. Edwards III
Staff Reporter

You could be reading this collection of post-close items on a cheaper computer if the subject of our first item has its way:

Computer-industry leader



plans to introduce a high-powered computer priced at $799 without monitor, which would be an industry low, according to the trade publication

Computer Retail Week

. The computer would be based on a 166MHz version of


(CYRX) - Get Report

MediaGX chip.

Mazel Stores



Value City


said they signed a letter of intent to form a joint venture to operate certain departments in Value City stores. The proposed joint venture had $110 million in revenue last year, according to Mazel.

Western Resources


reported first-quarter earnings of 61 cents per share, short of the

First Call

estimate of 66 cents. The utility company earned 66 cents a year ago.

Another utility,


(DQE:NYSE), surprised on the upside. The


parent reported first-quarter earnings of 58 cents per share, 2 cents ahead of the First Call view and better than the year-ago 55 cents.