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


To: Phillip C. Lee who wrote (7361)1/6/1998 4:30:00 PM
From: Eric Yang  Read Replies (2) | Respond to of 213173
 
Apple
At $19 Apple's market cap is at $2.527 billion.
Using conservative sales of $6.3 billion.
Ratio of 0.41

Compaq
$45.8 billion Cap
$17 billion in sales.
Ratio of 2.69

If Apple has the same Cap/sales ratio as CPQ we'd be trading at over $130 right now.

Eric



To: Phillip C. Lee who wrote (7361)1/6/1998 11:28:00 PM
From: Dr. Id  Read Replies (1) | Respond to of 213173
 
Tom: "If Apple is worth 20, CPQ must be worth 100"

Reply: Nonsense. I don't see what kind of technology CPQ
had. Besides assembly, sales, and marketing, I hardly
see any technology they could provide. If CPQ is like
Microsoft, then that would be another story.

Phil

I hope Tom's right...I own Apple and Compaq!

Also, as to what CPQ has over Apple, it has GREAT management. And if we've learned anything while holding Apple over the past 5 or 6 years (as I have), great technology means alot less in business than great management. If Pfeiffer were CEO of Apple ten years ago, Apple would be worth $300/share.

JB