SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Compaq

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Howard Feinstein who wrote (50773)3/1/1999 1:59:00 PM
From: D. Swiss  Read Replies (1) of 97611
 
Howala, relax! You need to take the long view. The market is being driven by Lemmings who over-react on a predictable basis. The smart thing to do is buy on down days. Lets look at the facts. CPQ is expected to make $1.80 a share in 1999 before the revisions, so lets say now it is $1.75 (most anal-ysts attribute this weakness to the timing of the Pentium III switch over with people delaying their purchases until its introduction). This means CPQ is trading at 18- 19 x current EPS with a conservative anticipated 5 year growth rate of 20% (according to Zacks). This means that CPQ because of a short term timing issue has been driven down to a discount to future earnings. This to me is a buying opportunity.

:O)

Drew
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext