BEAR TRAPS GETTING FULL FAST!
Well, another hit for CPQ today. Cheap PUTs are paying off bigtime! I hate to say it! CPQ has plenty of baby fat to trim! TIMBER!
NYSE: (CPQ : $27 7/8) $42,203 million Market Cap at August 31, 1998 Ranks 55th in the Fortune 500 on Revenue & 59th on Profit. Employs 18,865. Trades at a Premium PE Multiple of 58.1 X, vs. the 22.7 X average multiple at which the Computers SubIndustry is priced.
Compaq (NYSE: CPQ) Time: 3:12PM Last Trade 28 1/4 Change - 2 1/2 (-8.13%) Volume 15,699,900 Avg.Volume 14,124,600 Prev.Close 30 3/4 Open 31 1/4 Day Range 28 1/8 - 31 1/2
Date Close Change Day High Day Low Volume Aug 28 30 3/4 -1 3/4 -5.38% 32 13/16 30 18, 635,100 Aug 27 32 1/2 -1 15/16 -5.63% 33 13/16 31 3/4 21,174,700 Aug 26 34 7/16 - 3/16 -0.54% 34 13/16 33 1/8 11,892,800 Aug 25 34 5/8 - 15/16 -2.64% 36 1/4 34 1/2 10,676,400 Aug 24 35 9/16 - 1/16 -0.18% 37 1/2 35 1/8 8,636,000 |