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Technology Stocks : Compaq
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To: Maxer who wrote (29875)7/26/1998 5:04:00 PM
From: CGarcia  Read Replies (1) of 97611
 
"When they show profits of $3-$4 a share, we can then talk about $80+ value."

We all know stock prices have nothing to do with how much they make per share as much as how much people THINK they will make in the future...Just look at Amazon stock, they report huge losses and the stock is still going through the roof...It's like investors just don't care what the numbers say...Look at Microsoft, that stock costs more than 50 times it's current worth...and yet people just keep pumping more money into it...Compaq stock at these prices is a steal by comparison...When Compaq finally starts it's climb later this year, expect it to surpass the value of Microsoft stock (percentage wise). It doesn't take much math to understand that Compaq's stock value is alot more in line with it's current potential than a stock like Microsoft, and eventually when the profits start to show up, the stock will soar with greater potential than those of Microsoft.
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