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


To: Richie who wrote (38882)12/6/1998 11:26:00 AM
From: csm  Read Replies (2) | Respond to of 97611
 
CPQ forward PEs of 28-30x are representative of a relatively high valuation. We are presently at 22.6x. With current forward earnings estimates of $1.71 and rising fast, we should expect $47-51 modestly. This doesn't allow for additional estimates increases, which some firms are already warning of.

Stuart.