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


To: steve kammerer who wrote (35458)10/29/1998 10:49:00 AM
From: rudedog  Respond to of 97611
 
Shows CPQ with a forward looking PE of 78
Where did this number come from? With projected earnings of over $2 in 99 and current price of about 30 the PE is more like 15. Somebody's math is seriously wrong here.

Not that PE has much of anything to do with stock price.



To: steve kammerer who wrote (35458)10/29/1998 11:23:00 AM
From: Night Writer  Respond to of 97611
 
steve,
I bet the forward looking PE was for 1998. Normally PEs reflect the last years earnings, not the current years.
NW