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Technology Stocks : Compaq
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To: Leo Francis who wrote (1189)12/13/1996 5:55:00 PM
From: William C. Spaulding   of 97611
 
Compaq will see 50 before it sees 100. You have to remember that even at 50, Compaq will have a 15 p/e. A lot of investors consider that pricey, especially considering that the Japanese are going to undermine revenue and profit growth for all of the box makers. Also, increased demand will keep component prices higher, eliminating the cost advantage the box makers enjoyed earlier. You read it here!

Note that the elimination of tariffs will also help the Far East, particularly the Japanese. We already know how well they do in the international market!

Sincerely,

A Teddy BEAR!
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