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Technology Stocks : Compaq

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To: Elwood P. Dowd who wrote (18928)3/3/1998 9:52:00 AM
From: ACEINVESTOR  Read Replies (1) of 97611
 
What a JOKE...

LP reduces FY 98 earnings to $1.80 which is still on higher end of cons. est. of $1.70, as per her est., eps growth for current year is 33% (from $1.35 last yr. to $1.80 this year, and targget of $34, i.e dicounting of less then 20, is it a joke.

<<Compaq Computer (CPQ) 31 1/8: --UPDATE-- Merrill lowers its price target from $45 to a range of $34-$37 and reduces FY98 earnings from
$1.85 to $1.80.>>

Ace
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