Compaq Computer Corp has cut US prices on its ProSignia Pentium servers by up to 17%. The ProSignia 300 5/90 Model 1/E is cut to $1,667 from $1,890; the 5/120 Model 1 is now $1,890, down from $2,155; the 5/120 Model 2100 is down to $2,170 from $2,980; the 5/150 Model 1 is $2,112, down from $2,445; the 5/150 Model 2100 is now $2,930, down from $3,266; the 5/150 Model 1 is $2,780, down from $3,334; and the 5/150 Model 2100 is $3,600, down from $4,154.