OK, Tom, I looked at the numbers (sales growth, PE, P/S and book val) because I have also been considering purchase of some HP stock. I think HP is getting pretty cheap, too. You know what, it looks like HP and Tek do about the same thing, only HP's name is better known, and they have both fallen on hard times. Only Tek's fall has been a lot worse. All things being equal (ha ha ha...like, are they ever), Tek is a really good buy right now while HP is just starting to become a good buy. I would say HP has to drop to 42 or lower to be as attractive as Tek, and I don't think Tek is going to go bankrupt.
Am I wrong?? |
