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Technology Stocks : Compaq

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To: Night Writer who wrote (76397)1/24/2000 4:38:00 PM
From: John Koligman  Read Replies (1) of 97611
 
NW - *OT*

Since you mentioned beaten down, I thought I'd mention XRX to you. PE around 10, market cap of around 15 billion for a company with sales of around 20 billion. Don't think it has much downside left. Makes CPQ look like a high flyer <ggg>. I've got my eye on it, have made no moves yet. They either get better fast from here on in or new management will come in. Current CEO is a Gerstner disciple, was IBM's CFO before moving over to Xerox. Guess the Gerstner magic did not rub off on him (not yet anyway) <ggg>.

Regards,
John
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