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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: Uncle Frank who wrote (2068)5/2/1998 11:46:00 PM
From: Jody Ritchie  Read Replies (2) of 4722
 
My gut feeling is HWP will miss. The reason is, I don't think HWP has sold as much Non-PC equipment as we would like.

HOWEVER, PC sales have been skyrocketing and who knows how verifone will impact the bottom line. I see those terminals everywhere and it's only a matter of time before the revenue starts streaming in from them.

I am an HP employee, but I'm in no position to know the numbers. I, and my coworkers, are not expecting a high profit share for the past 6-months, but I hope we are all disappointed. I can tell you that expenses have been a big concern for the past year and last fall some steps were taken within our division to cut back.

The recent stock activity tells me that somebody thinks they know something good. I hope they are right.

Jody
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