SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : HWP -- Hewlett Packard
HPQ 19.36+1.8%3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sundar Rajan who wrote (2152)5/14/1998 12:24:00 AM
From: Vijay Mehta  Read Replies (1) of 4722
 
Analyst upgrades haven't really been based on earnings. In fact, just last week, Zacks reduced its estimate to .74. I remember the prudential upgrade was based on PE expansion of all vendors in the computer hardware group. But I don't think HWP deserves a PE expansion, while its gross margin has decreased. Its PE should drop to around 20, and with a drop in earnings, it'll end up in the mid sixties for may be a quarter or two.

Vijay
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News