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Technology Stocks : HWP -- Hewlett Packard
HPQ 19.36-0.5%3:44 PM EST

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To: mp who wrote (2405)7/13/1998 11:47:00 PM
From: Tom Markowski  Read Replies (1) of 4722
 
I wouldn't be surprised given Asian weakness and dollar strenght. We will see. Printer market is also under margin pressure, probably the reason why HP suddenly lets DELL!, sell its printers.

Merced is delayed. HP 8-way Pentium Pro servers are stalled due to new Intel Xeon chip introduction. Desktops are competing with CPQ and IBM, who are buying market share.

Tom
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