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

To: Bretsky who wrote (52408)	3/9/1999 8:07:00 PM
From: rupert1	Read Replies (1) \| Respond to of 97611

Bretsky: Can't leave an old love alone, eh? You'll be back! I wish DELL well, may even buy a few myself. But p/e has to come down nearer to its growth rate which is no longer 50+%. DELL is now in the 30-40% growth range. If DELL had a p/e of 30 which it had 18 months ago, its stock price would be what - 24? Even with 40 p/e the share price has a long way to come down.