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Technology Stocks : HWP -- Hewlett Packard
HPQ 23.96+6.0%Nov 21 9:30 AM EST

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To: DWW II who wrote (1864)2/20/1998 9:15:00 PM
From: Uncle Frank  Read Replies (1) of 4722
 
Good call on the breakout, Dan. It's nice to see hwp at 65. It's been a core holding for me for several years, but I am beginning to get concerned about their future.

HP seems to be abandoning their core competency, being characterized as the "world's best manufacturing company", in favor of outsourcing. I understand they are laying off a very large percentage of their Vancouver printer operation in favor of using turnkeys. This is a major paradigm shift, and IMHO may have a big impact on their product reliability and profit margins. I'd appreciate any comments.

Frank
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