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Technology Stocks : Compaq

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To: TigerPaw who wrote (60183)4/30/1999 7:42:00 PM
From: Alfredo Nova  Read Replies (1) of 97611
 
Tiger, we all tend to love or hate stocks depending on us making money or losing money on them.
However, your shares in the wall may be worth a lot more 2-3 yrs from now.
How many large caps, with truly large revenues ( close to 40 billions) go for a price/sales close to 1?
I have been buying last week and I may buy some more, even after reading the excellent bearish report by Milunovich of Merrill Lynch. Still, no bearish report will cancel the fact that the stock has lost 60% of its recent value and its p/s is 1.2. I think most of the damage has happened.
good luck,
Alfredo
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