HWP -- Hewlett Packard Message Board

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Technology Stocks : HWP -- Hewlett Packard

HPQ 24.30

-0.4%

Nov 25 3:59 PM EST

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To: mp who wrote (2682)	10/12/1998 1:04:00 AM
From: Alomex	Read Replies (1) of 4722

I think these brokerages literally rape investors with this kind of idiotic recommendations and swindle them out of millions of dollars. These geniuses should have seen this coming when HP was at $82+ / share only 3 months ago, but I am sure they put out a strong buy on it at that time. I agree with the sentiment, but it is not particularly the case for HWP. HWP was massively downgraded at $80, in particular by Goldman Sachs. But not by all, mind you. Have a look: 5-Oct-98 Goldman Sachs Downgrade Mkt Outperformer Mkt Perform 3-Sep-98 PaineWebber Started - Buy 19-Aug-98 Sunlogic Securities Upgrade Hold Buy 18-Aug-98 Salomon Smth Brny Upgrade Outperform Buy 18-Aug-98 Josephthal Lyon Upgrade Hold Buy 18-Aug-98 ABN AMRO Upgrade Hold Buy 12-Aug-98 CS First Boston Started - Buy 22-Jul-98 Mgn Stnly Dn Witter Downgrade Outperform Neutral 18-Jun-98 Gruntal & Co. Upgrade Buy Strong Buy 17-Jun-98 Merrill Lynch Downgrade NT Accum/LT Buy NT Ntrl/LT Accum 14-May-98 Lehman Bros Downgrade Buy Outperform 14-May-98 JP Morgan Downgrade LT Buy Mkt Perform 14-May-98 Goldman Sachs Downgrade Recomm. List Mkt Outperformer 12-May-98 CS First Boston Upgrade Hold Buy 24-Apr-98 Prudential Upgrade Hold Buy 27-Feb-98 Merrill Lynch Upgrade Neutral Accumulate

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