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Technology Stocks : Compaq

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To: MeDroogies who wrote (87846)12/13/2000 4:39:18 PM
From: Loki  Read Replies (1) of 97611
 
MeDroogies...PE of 20.

The PE of 20 is acceptable if the growth rate
and perception of the company and industry match it.

Ford has had a very low PE through the last several
years. CSCO very high. Both are good companies

The company CPQ is in a better position than in the last
years. CEO, CFO, transition of acquisitions, products.
The market for technology might not be as good. (liquidity)
The desire to own higher PE stocks also appears riskier
to investors.

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BTW... The US Supreme Court did get involved.
(Now they can go back to discussing the
"length of their robes". <g>)

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Loki
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