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Technology Stocks : Compaq
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To: Elwood P. Dowd who wrote (76562)1/26/2000 4:35:00 AM
From: JDN   of 97611
 
Dear El: When Capellas said he conservatively felt growth would be 15% you could just see the stock slide. 15% may be ok for a nuts and bolts company but not high tech with its high multiples, especially when CPQ revenue actually has slid at this point. I dont know if he was being totally forthright or if he was trying to play the MSFT game. If he was being forthright I see no big future for this stock this year. JDN
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