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Technology Stocks : HWP -- Hewlett Packard
HPQ 22.70-0.7%3:59 PM EST

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To: Uncle Frank who wrote (1994)4/15/1998 4:33:00 PM
From: Oeconomicus  Read Replies (1) of 4722
 
The stock is up over 3 on the news that some of the long time shareholders have begun to lose faith in the management.

Where did you hear this? All I see is news of 3 new Pavilion models. Box makers all did well today, probably because of INTC and CPQ reports. INTC was doing well until news of Tom Kurlak's (sp?) comments, including a $60 price target.

Time to write some more covered calls?

Bob

PS: Speaking of INTC, is a 20% (before charges - almost 30% net) year-to-year decline in eps, along with further expected margin and revenue deterioration, slashing CAPEX budgets by $200 mil and shrinking payrolls a bullish scenario?
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