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Technology Stocks : Compaq
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To: csm who wrote (72753)11/26/1999 8:44:00 PM
From: Night Writer  Read Replies (1) of 97611
 
cms,
Appears $50 will be a real wall to break through. I plan on selling at least 1/3 to all of my Compaq at 50 depending on the outlook at that time. A minimum of 1/3 will be sold no matter what. At 50, that will recoup 2/3 of my CPQ stock investment. If the outlook is bright, I will sell another 1/3 at 60+. I will evaluate what to do with the other 1/3 at that time.

I like the 28 times future earnings valuation method. I think it is right on target.
NW
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