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Technology Stocks : Compaq
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To: Craig Schilling who wrote (20871)3/9/1998 12:28:00 AM
From: Windseye   of 97611
 
Thanks Craig.... according to Friday's nominal 27+ closing it's was at 22.1 PE. At 20, with 1.19 (Yahoo probably uses a different earnings estimate than you suggest) earnings estimate, it would be 16 or so.

Makes sense, with flat earnings (next 3 quarters) could be near the lowest PEs. Perhaps the trading range will be lower than 20 the next 6 months or so... that would be horribly convenient for CPQ management given my prior summary.

Doug
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