SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study! -- Ignore unavailable to you. Want to Upgrade?


To: CCWriter who wrote (8268)8/18/1998 5:54:00 PM
From: Herm  Read Replies (2) | Respond to of 14162
 
Well, people must be high on drugs to be invested in CPQ at current levels.

NYSE: (CPQ : $37 1/2) $56,207 million Market Cap at August 18, 1998
Ranks 55th in the Fortune 500 on Revenue & 59th on Profit. Employs
18,865. Trades at a Premium PE Multiple of 75.8 X, vs. the 27.0 X
average multiple at which the Computers SubIndustry is priced.

And, from the looks of the insider trading the CEOs are pulling their floppies out of CPQ!

PESATORI ENRICO O Disposed 50,000 $33.38 07/31/98 08/10/98 S
LAY KENNETH L O Disposed 60,000 $33.56 07/31/98 08/10/98 S
ROSE JOHN T O Disposed 30,000 $32.25 07/22/98 08/10/98 S
MASON EARL L O Disposed 33,000 $34.00 07/21/98 08/10/98 S
MASON EARL L O Disposed 125,000 $33.94 07/21/98 08/10/98 S
WHITE JOHN W O Disposed 68,752 $33.50 07/20/98 08/10/98 S
LARSON PETER N O Disposed 13,000 05/18/98 06/02/98 G