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


To: Richie who wrote (39705)12/11/1998 8:33:00 PM
From: Lynn  Read Replies (1) | Respond to of 97611
 
Thanks, Richie. If you can't find it I'll spend some time looking for it tomorrow.

Re the PE, ultimately I consider a PE of _less_ than 20 more conservative than 30 for CPQ in the long term. Yanking the closest Standard & Poor year end stock guide off the shelf, for '96, CPQ had a PE of 12 the last day of trading in '96. It was selling for $48/share.

Here's another one, for '94: Again, it closed the year with a PE of 12, closing at 39 1/2.

If you are interested, I'll look for more year end guides, but over time, 30 is a high PE for our CPQ.

Lynn



To: Richie who wrote (39705)12/12/1998 4:51:00 PM
From: Pruguy  Read Replies (1) | Respond to of 97611
 
don young at paine webber last monday upped his number to a high of 2.50 for 99 with an extreme target of 92-100 in the next 12 mo.