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Technology Stocks : Compaq
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To: Dr. David Gleitman who wrote (18035)2/25/1998 4:28:00 PM
From: RetiredNow  Read Replies (1) of 97611
 
David,

I wouldn't be too concerned about the current valuation. You may have gotten in at a high price, but this stock has done tremendously well in the last year and it will continue to do well in the future. For example, I purchased some shares on 5/13/97 at a basis of $20.10 (split-adjusted) and bought some more on 11/13/97 at a basis of $29.875 (split-adjusted). That's a return of 69.2% and 13.8% in 9 months and 3 months, respectively. If your asking for better performance, you've got some ridiculously high standards.
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