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 : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Craig A who wrote (139401)	8/17/1999 9:24:00 AM
From: Boplicity	Read Replies (1) \| Respond to of 176387

There are two main why reason HWP is down. 1) Ran up too far before earnings. We don't have worry about that with DELL do we. 2) If you remove interest gains from HWP report they would of only reported 1 cent above. Still it was a good report especially in their PC division. You can see why they are spinning off the test division.

To: Craig A who wrote (139401)	8/17/1999 9:27:00 AM
From: Dan Hua	Respond to of 176387

Not exactly blowout for HWP earnings, take out interest income and they only earned a penny better than expectations. Revs were not spectacular either. That's what an article from thestreet.com said. Hopefully waiting for great numbers from DELL dh

To: Craig A who wrote (139401)	8/17/1999 9:28:00 AM
From: Frank E W	Read Replies (1) \| Respond to of 176387

IMO HWP has had a hell of a run the last few weeks just a little profit taking... hope some HP money comes into DELL Frank

To: Craig A who wrote (139401)	8/17/1999 10:23:00 AM
From: grok	Read Replies (1) \| Respond to of 176387

RE: <Well.CNNFN just said HWP down 5 after blowout earnings. Now what happens to us if DELL's numbers are just good? Briefing.com, Spear Report, Bull Market report still liking DELL. Comments from anyone appreciated.> Jeff Berkowitz of TheStreet.com says that HP had a big run up before earnings and that the earning weren't as good as they looked. ---------------------------------------- Why Berko's Holding Off on Hewlett-Packard By Jeff Berkowitz 8/17/99 8:11 AM ET I'm just waiting for Cramer to call in. "How much HWP do we own?" an excited Cramer will ask. "Sounds like a great quarter." I fully expect the line to go silent for a few seconds as he digests my response: none. I sold my common and most of my 110 calls yesterday (too many bad Hewlett-Packard (HWP:NYSE) conference calls) and slammed the remnants last night on Instinet: "Just not good enough, don't know what results the Times and Journal reporters were looking at." (Before we go any further, let me add that I am not a zealous anti-dead tree prophet like my partner. I just analyze earnings reports for a living.) At this point Jim, whose only info on Hewlett-Packard would have been provided by the newspapers, will understand. "Ran up too much in front," he will add. Yep, that's exactly it. The quarter was good, not great. Solid, yet not outstanding. Take out the interest income, seen as a one-timer, and the company beats estimates by a penny, not a nickel. Revenue in line with to slightly below expectations; that's certainly not good enough after the big run in the stock. Here's the kicker: Due to the pending offering of the Test & Measurement business named Agilent (wow, that rivals Cendant (CD:NYSE) and Venator (Z:NYSE) for dumb names), management declined to specify orders. When pressed hard by analysts, looking for the security blanket that the order number provides for future prospects, management responded that orders were greater than sales. Sounds good, huh? Wait a second. The Street wanted 16% order growth; doesn't that answer imply something less? Definitely not good enough. Sure, to those not as myopic as we quick-triggered traders, it was a fine quarter. PCs and printers were very good; gross margins showed upside vs. expectations and they beat the numbers. Bulls would argue that that you should add back $100 million. Smells like rationalization. Nice, swell, sweet, pretty, lovely ... call it what you want, the quarter was just not good enough for me. Disaster? Nah. Let's just revisit the stock at lower levels.