Bear Stearns Starts Taiwan Acer At Outperform New Ratings 2245 GMT [Dow Jones] STOCK CALL: Bear Stearns starts Taiwan PC vendor Acer (2353.TW) at Outperform, pegging company for increased market share in years ahead; Acer is No. 4 PC brand in world by shipments, is biggest notebook vendor in Western Europe. Acer concludes $15m deals CPILive.net Acer Computer Middle East has announced that deals to a value of over $15m were concluded with three Arab Ministries of Education (MoE) which will see a total of more than 16,000 desktop units delivered before the end of October 2006. Asia: Vista seen lifting PC makers International Herald Tribune The fourth quarter has been the best time to own Asian technology stocks during the past decade, and this year may be true to form as new products bolster demand. Vista Seen Lifting PC Makers ASIA MARKETPLACE By Bloomberg RedNova By Darren Boey The fourth quarter has been the best time to own Asian technology stocks during the past decade, and this year may be true to form as new products bolster demand. Poor prospects for Microbits creditors ARNnet Administrators for SA-based PC assembler, Microbits, have warned creditors are unlikely to recoup funds from the sale of assets. One creditor, who asked not to be named, claimed unsecured debts totalled $1.4 million. Dell: Too Cheap to Pass Up? SeekingAlpha via Yahoo! Finance Vincent DiCarmine submits: Negativity abounds around Dell . Earnings warnings, 4.1 mil. laptops recalled due to battery defect, SEC investigation on accounting issues, fierce competition against a reshaped Hewlett Packard and aggressive Far East boxmakers, poor customer service and depressed margins have all disappointed investors. Acer in talks with Sony about battery recall ARNnet Acer, the world's fourth-largest PC vendor, is in talks with Sony over joining its voluntary laptop PC battery recall, but said Acer users haven't reported any problems so far. News: Acer in talks with Sony about battery recall MacCentral Online Acer, the world's fourth-largest PC vendor, is in talks with Sony over joining its voluntary laptop battery recall. Acer in talks with Sony about battery recall InfoWorld ( InfoWorld ) - Acer, the world's fourth-largest PC vendor, is in talks with Sony over joining its voluntary laptop PC battery recall, but said Acer users haven't reported any problems so far. "Previously, we believed there were no problems with our batteries, but now we're in discussions with Sony, just to make sure," said Stella Chou, an Acer representative in Taipei. Acer has not Merrill Lynch Ups Acer Target To NT$64.0 New Ratings 0900 GMT [Dow Jones] STOCK CALL: Merrill Lynch ups price target on Acer (2353.TW) to NT$64.0 vs NT$60.8. "A strong sales bounce in Europe should yield revenue upside from 3Q06 onwards," says analyst Tony Tseng in note; expects Acer, world's No. 4 PC vendor by market share, to post 21% on-quarter growth for 3Q revenue of NT$88 billion, vs company's guidance of a 10-15% increase on quarter.
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