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Strategies & Market Trends : Sharck Soup

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To: JRI who wrote (16575)4/17/2001 2:31:21 PM
From: Softechie  Read Replies (1) of 37746
 
They thought the worst is over...well guess what...

Hewlett-Packard (HWP) 29.18 -0.81 (-2.7%): Comes under heavy selling pressure over the past 5 minutes; hearing from trading floors that company is planning to hold a worldwide, employee-only conference call at 4ET; speculation is that company will announce a round of layoffs and could pre-announce the qtr. At this time, we have not been able to confirm that company will host a call this evening.
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