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Technology Stocks : Compaq

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To: PCSS who wrote (48272)2/16/1999 8:30:00 AM
From: marquis103  Read Replies (1) of 97611
 
Ridiculous is right. I caught the interview myself, and the host mentioned that CPQ was one of Kumar's picks, then said, "but you wouldn't buy it until it pulled back?" and Kumar answered he felt he would buy it in the mid-thirties. He then proceeded to say, that based on year 2000 projected earnings, Compaq was worth a share price in the high fifties. Duh!!!! Sounds like CPQ is a steal at 43 to me.

Russ
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