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Technology Stocks : HWP -- Hewlett Packard
HPQ 19.46+0.2%Jan 26 3:59 PM EST
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To: Sueponine who wrote (2098)5/12/1998 5:34:00 PM
From: Vijay Mehta  Read Replies (2) of 4722
 
<<<This rise in the stock price is uncharacteristic of HP and makes me think somebody knows something I don't. >>>

It's primarily the upgrades of Salomon, First Boston and Prudential
that has driven the stock. Goldman Sacks also had huge blocks
on the buy side. Wait till Fidelity starts buying, which they will
as soon as there is a positive earnings surprise. Long term
holders will remember similar movement in '93, when Magellan
had HWP as their #2 holding.

Vijay
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