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Technology Stocks : Compaq
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To: Jimbo Cobb who wrote (54651)3/23/1999 11:01:00 PM
From: marquis103  Read Replies (2) of 97611
 
****OT****

Jim. Just read some past news on CBRL. Company feels eps will be down from estimates of $1.65 to around $1.40. What is a valid PE for this industry? Even at a 15 PE, it would seem the stock should trade at least $21. Do you suppose investors are afraid the downward trend might continue for awhile? In any event, it would seem that patience should eventually pay off. Might nibble myself. Thanks for the "heads up".

Russ
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