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Technology Stocks : Compaq
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To: Yargnad who wrote (34442)10/10/1998 4:15:00 AM
From: Aitch  Read Replies (4) of 97611
 
I saw a hard copy of a report from Furman Selz:

Initiating BUY with a '99 target of $35 based on a P/E multiple of 20x.
Expect Product sales to grow 14% year on year to $27.5Billion.
Digital will add $3.7B and $7.0B to '98 and '99 respectively.
EPS estimates of $0.47 and $1.75 for '98 and '99 respectively.
Expect net margins to improve to 7.4% in '99 from 2.6% in '98.

Not sure if anyone else has seen this yet as I have been offline for about two weeks.... WHAT A SHOCK TO MY SYSTEM...

Regards,

H
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