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Technology Stocks : Compaq
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To: Craig Schilling who wrote (20871)3/9/1998 12:30:00 AM
From: George Dvorsky  Read Replies (1) of 97611
 
Craig,
RE: << Since 94 the PE range has been from 7.5 to 33. So if they meet next years forecast of 2.10 (if you buy off on analyst projections) you have a range of $15 - $67. When earnings are slowing down the price falls on the low side and when earnings are accelerating the price falls on the high side.>>
...
That post could have saved 100 other postings if you had done it sooner. Now we need some one who will tell us when each price will occur <gg>.
Personally, I think the Titanic had a better chance than CPQ will on Monday, but the salvage operations to bring it back up won't take decades.

gd
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