HWP -- Hewlett Packard Message Board

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Technology Stocks : HWP -- Hewlett Packard

HPQ 19.44

+0.3%

Jan 30 9:30 AM EST

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To: John Chen who wrote (2761)	11/17/1998 2:53:00 PM
From: William Partmann	Read Replies (1) of 4722

John, no problemo. Re: is there any reason to hold? I am the wrong person to ask. While I am disappointed in the last year, I continue to be a long term investor. I have said in the past and continue to say that until there is a turnaround in the greater world's markets, there will be no strong growth. You can't junk 20%+ of your revenue and expect to be growing 20 percent. Management did a fine job in managing this quarter, but you can't make something out of nothing. It ain't gonna happen. So to answer your question, if you want results over the next three quarters, the odds, while improving, are not great. If you have a longer term horizon (three to five years) then you will do better than the averages. Good Luck. Bill

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