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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?


To: Elwood P. Dowd who wrote (84904)9/25/2000 4:23:26 PM
From: Night Writer  Read Replies (1) | Respond to of 97611
 
El,
I wouldn't bet on it yet. 6.7 billion shares outstanding. About 430+ million traded in last two days. Current PE is 36. Other recent craters have taken the PE down into the low teens. CA, CTXS, and the KLIC PE is currently 8.2. INTC could be in a free fall for some time before it has a dead cat bounce. I remember the INTC PE was 20 some time back.
NW



To: Elwood P. Dowd who wrote (84904)9/25/2000 4:31:23 PM
From: Night Writer  Read Replies (1) | Respond to of 97611
 
CPQ held support on lower then average volume today. Considering the market, not a bad day, but CPQ has seen better days. Maybe some good oil news will help it tomorrow.
NW