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


To: Elwood P. Dowd who wrote (50734)3/1/1999 12:26:00 PM
From: csm  Respond to of 97611
 
Forward PE chart for CPQ. globalserve.net

If we think that CPQ's earnings estimates for the next 12 months and beyond are reasonable, then we should see a range of 17-30x $1.80-2.29, or anywhere from $30.60-68.70. I'll go with a low of $31, a high of $60 and a close of $47.50 since the market may be spooked by Y2K fear mongering and people predicting that no more PCs will be sold after Jan 1, 2000<g>.

Stuart.