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


To: Dulane U. Ponder who wrote (16791)2/5/1998 7:58:00 PM
From: Rossignol  Respond to of 97611
 
Hello thread. I'm a new subscriber, have enjoyed reading here for months. Saw over 90,000 contracts on CPQ today, hope that's a sign of short term confidence.

Can anyone explain by example a reversal conversion? I'd like to learn more here before I dabble - thx



To: Dulane U. Ponder who wrote (16791)2/5/1998 8:49:00 PM
From: robbie  Read Replies (2) | Respond to of 97611
 
Dulane and thread:

COMPAQ COMPUTER CORP

Yearly 7-year
Year Price Split Shares Value Return Return
1997 56.5 5-2 15,000 $847,500 89.92 651.66
1996 74.375 6,000 $446,250 54.95 461.32
1995 48 6,000 $288,000 21.52 383.02
1994 39.5 200% 6,000 $237,000 60.41 327.99
1993 73.875 2,000 $147,750 51.54 667.53
1992 48.75 2,000 $97,500 84.83
1991 26.375 2,000 $52,750 -53.22
1990 56.375 2-1 2,000 $112,750 41.82
1989 79.5 1,000 $79,500 33.33
1988 59.625 1,000 $59,625 7.67
1987 55.375 1,000 $55,375 187.66
1986 19.25 1,000 $19,250

*****Total return from Jan 1, 1987 through December 31, 1997 is 4,351%*****
*****Yes, that means you have $43.51 for every $1.00 invested then*****

Here's a little calculation I made while eating supper tonight. I put the 7 year results in to see if you could buy and forget about it for 7 years and be semi-wealthy. Notice that the year the stock got cut in half is included in all 7 year computations. hpeace posted why the stock crashed so bad then, maybe someone remembers or he can tell us again. Anyway, the outlook is good. If anyone discovers any errors I'm sure they will let us know.

Robbie