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Technology Stocks : HWP -- Hewlett Packard
HPQ 19.01-1.8%3:59 PM EST

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To: Xpiderman who wrote (2132)5/13/1998 9:00:00 PM
From: Xpiderman  Read Replies (1) of 4722
 
Here is my new estimate for HWP:

HWP
92-93 93-94 94-95 95-96 96-97 97-98 98-99

Jan $0.26 $0.36 $0.58 $0.75 $0.87 $0.86 $0.95e
Apr $0.35 $0.39 $0.55 $0.69 $0.75 $0.65e $0.86e
Jul $0.26 $0.34 $0.55 $0.48 $0.58 $0.63e $0.85e
Oct $0.29 $0.46 $0.65 $0.62 $0.75 $0.82e $1.00e

Year $1.16 $1.55 $2.33 $2.54 $2.95 $2.96e $3.66e
Yr./Yr. n/a 33.6% 50.3% 9.0% 16.1% -1.4%e 23.6%e

Historical P/E Range:
High 26 19 21 23 26 26
Low 14 13 13 14 17 20

Given a low 20 P/E ratio, we may see HWP trading below $70 soon.
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