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Technology Stocks : Compaq

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To: rudedog who wrote (62214)5/28/1999 11:00:00 PM
From: PCSS  Read Replies (2) of 97611
 
On Wall Street Week tonight the Guest, David Elias - Chief Investment Officer of Elias Asset Management stated:

1) Is a BULL
2) Estimates the DOW between 40K and 65K in 2006
3) Thinks interest rates will go back down to 4%
4) Is heavily weighted in Tech Stocks and feels comfortable
5) Is invested in only 25-30 stocks at any time
6) Has been a CPQ investor for a long time

In the final 3 minutes Frank Capiello (Rukeyser's stand-in this week) asked Elias about his disappointment with CPQ .....
Elias responded that (1) He was disappointed with CPQ, and (2) It is key that Ben Rosen chose an excellent CEO, and (3a) An excellent CEO will 2X or 3X CPQ within 12-18 months or (3b) CPQ will be in the teens.


Michael
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