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Technology Stocks : Compaq
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To: hpeace who wrote (10235)12/10/1997 4:45:00 PM
From: Harry Landsiedel  Read Replies (1) of 97611
 
steve. Re: Valueline and Dell.

You were right that Valueline was way off on Dell too. The Jan. '95 Valueline projected a "high" price for the 97-99 period of 16.7 split adjusted. That would be a projected gain on the "high" side of +40% from the price at that date of 7.8 (split adjusted).

They concluded that, "...profit progress out to the 97-99 period appears discounted at the current quotation" of 7.8.

My-My. Aren't we bright over at Valuline.

HL
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