DAYTRADING/SWINGTRADING STOCKS with INTRADAY INVESTMENTS Message Board

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Strategies & Market Trends : DAYTRADING/SWINGTRADING STOCKS with INTRADAY INVESTMENTS

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To: - who wrote (220)	6/6/2001 10:06:37 PM
From: Ramsey Su	Read Replies (1) of 565

Steve, today was interesting. I expected a lot more immediate reaction. I have followed HWP for the last few years and opine that none of the big boys could have priced-in today's events. Carly is a great speaker but I have heard that same speech since she was first appointed CEO. Yes, HWP did bring Carly in to replace Platt who lack vision. So far, she has demonstrated even less. If you have the time, go to www.hp.com and listen for yourself. Don't forget the audience is a bunch of pros. Volume today was only slightly higher than average, leading me to think that the big boys have not moved yet. I am surprised that the reporters so far did not pick up the obvious message today. HWP is going to miss topline, probably bad. Now they are desperately trying to cut cost to meet earnings estimates. HWP's qtr ends in July, not June like most. There is still an earnings warning coming next month. I have covered some of my shorts but will likely leave most of the position opened until something tells me otherwise. Ramsey

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