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Technology Stocks : Compaq
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To: Night Writer who wrote (72755)11/26/1999 8:54:00 PM
From: csm  Read Replies (1) of 97611
 
>>I like the 28 times future earnings valuation method. I think it is right on target.

I have found that approach to selling very useful for several stocks (with different numbers of course). As long as estimates keep moving up the stock will eventually reach a relatively high valuation. As soon as they begin to reduce estimates, head for the exits. The mistake I made with CPQ was jumping back in way too early. But then we all have our stories here don't we..

Stuart.
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