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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: yard_man who wrote (69651)	10/28/1999 10:43:00 AM
From: Knighty Tin	Read Replies (1) \| Respond to of 132070

Tip, H-P has tried the scams that have worked for other tech cos., dribbling out the bad news slowly. However, we are in a different environment now. And, of course, they have the kiss of death with Paper Chase buying the stock and touting it as a sure thing 36% ago. I think their timing in turning from honest co. to scamster couldn't have been worse.

To: yard_man who wrote (69651)	10/28/1999 11:41:00 AM
From: Greg Jung	Respond to of 132070

Cheerleaders do their job for HP: Note the +3 claimed by Yahoo is based on the after-hours sell-down; regular market hours, it never went below 69. It does make for a nifty headline, though: up 5% on a 10% earnings cut? fantastic news! ============================ Shares of Hewlett-Packard (HWP: news, msgs) jumped 5 percent, attempting to recover from Wednesday's bearish session after Merrill Lynch cut fourth-quarter and fiscal 1999 and 2000 earnings estimates on the PC maker, citing weakness inthe company's UNIX server business and enterprise storage. The stock rose 3 1/2 to 70 1/2. H-P stock tumbled Wednesday after the company said there is "additional risk to earnings" because of sluggish business sales in North America. However, Chief Financial Officer Robert P. Wayman, said he was surprised by the magnitude of the stock price decline, and that the company was buying its stock aggressively.