HWP -- Hewlett Packard Message Board

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Technology Stocks : HWP -- Hewlett Packard

HPQ 19.37

+1.9%

1:53 PM EST

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To: Lazlo Pierce who wrote (2168)	5/14/1998 2:10:00 PM
From: Jim Patterson	Read Replies (1) of 4722

>>>>> Dwight, I disagree. I too, am an accountant (before becoming a trader). These companies put together MONTHLY financials . After the first 2 months of the Q, and during the third month, it MUST have become apparent that they would be short of the budget. I repeat. they MUST have known they would be missing the Q by a significant amount. Maybe not the full extent, but they knew (IMHO). Dave <<<<<<<<< I read a report that said the PC business fell off a cliff in April, Due to pricing. So in mid April they probably thought everything was OK. Jim

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