Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 -- Ignore unavailable to you. Want to Upgrade?

To: Kirk © who wrote (3119)	7/15/1999 6:56:00 PM
From: William Partmann	Read Replies (1) \| Respond to of 4722

One source of the boost maybe Merrill. They published a positive report on July 14 raising the 99 and 00 earnings projections and raising the 12 month price objective to $122.00. While the report was reassuring, nevertheless, at $113.00 one could say either it is overbought or the projections for the second half of 99 and 00 are conservative and do not reflect hp's potential. I am a little uncomfortable with hp at this level, further, I have the same feelings about my other tech holdings, INTC, LU. A 10-15% tech correction would not surprise me. Good luck to all...go hp. Bill