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To: Chris who wrote (2061)1/3/1998 2:56:00 AM
From: Robert H.  Read Replies (2) | Respond to of 8218
 
Chris,

Numbers were published on Briefing.com last week. Tried to get the URL for you but article is gone. Today the message is the same.

"Despite the modest setback most of the box-builders continue to trade at historically high valuation levels. One reason is that the
investment community still expects PC growth of nearly 15% in CY98. But given the economic ramifications of the Asian contagion, Briefing contends that this estimate is too high. More realistically, growth should come in the 10%-12% range. Not bad, but below current expectations. As such we look for the valuation premiums to get squeezed further".