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Technology Stocks : HWP -- Hewlett Packard
HPQ 26.28+0.4%Nov 7 9:30 AM EST

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To: Fred Levine who wrote (3389)2/28/2000 1:08:00 AM
From: Laszlo  Read Replies (2) of 4722
 
"I think HWP is a raging buy, but not because of its storage."

Then why is it a "raging buy" at a historically high P/E of almost 45, near it's all-time high stock price, and with narrowing profit margins?

"Look at Agilent and how much money that alone will generate. "

How will Agilent generate money for HP? HP will not receive any funds for the Agilent stock that is distributed to shareholders.

I'm long HWP, but I don't see it as a "raging buy" at this time. Please elaborate as to why you do.

Laszlo
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