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


To: Bretsky who wrote (47603)2/10/1999 2:46:00 PM
From: Night Writer  Read Replies (2) | Respond to of 97611
 
Bretzky,
At $40 CPQ has a forward PE of a little more then 20 for 1999.
At $37.5 CPQ has a forward PE of 20 depending on which analyst you want to believe.

Right now it is banging the lower BB with an RSI of about 30.

I don't know if the market is going lower or not. If you are long term, this isn't a bad range to be buying. If you are a bargain hunter, you might wait a little and see what happens.
NW