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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: stock leader who wrote (117743)11/30/2000 10:23:07 PM
From: puborectalis  Respond to of 120523
 
HP Sticks To Earnings Guidance
(11/30/00, 4:54 p.m. ET) By Mark Hachman, TechWeb Finance

Hewlett-Packard Co. reiterated on Thursday its financial
guidance for the first quarter of fiscal 2001 as well as the
entire fiscal year, an indirect response to the earnings
warning issued by Gateway Inc.

HP (stock: HWP) said it is “comfortable” with the
consensus analyst estimates for the first quarter of fiscal
2001, which peg the company's earnings at 44 cents per
diluted share.

For the entire 2001 fiscal year ending Oct. 31, 2001, HP
said it expects to achieve revenue growth in the range of
15 percent to 17 percent; gross margin percentage in the
range of 27.5 percent to 28.5 percent; and total operating
expenses at around 10 percent to 12 percent above the
2000 fiscal year.

"Unlike some of our competitors, HP is far more than a
U.S.-centric, consumer-PC company, with less than 10
percent of our business in this segment," Carly Fiorina,
HP chairman, president and chief executive officer, said in
a statement. "HP's global and product diversification is a
significant competitive advantage which we believe will
prove increasingly valuable as it serves to insulate us from
the effects of individual market downturns."

Fiorina said she expects the Internet infrastructure and
printing businesses to drive growth during fiscal 2001.

"We experienced growth of nearly 60 percent in our U.S.
retail PC business in fiscal 2000, in part due to significant
gains in market share as several large players exited the
market," she said. "We foresaw a significantly different
market environment in 2001, and accordingly planned for
only single-digit growth in our U.S. retail PC business."

HP said sales over the Thanksgiving weekend were ahead
of last year, an indirect response to the drastically
reduced guidance consumer PC maker Gateway (stock:
GTW) issued Wednesday.



To: stock leader who wrote (117743)11/30/2000 10:32:46 PM
From: Jenna  Read Replies (1) | Respond to of 120523
 
Right.. and always listen to inexperienced message board posters with ludicrous names and bombastic, unprovable claims who tout stocks that move from 111 to 11. ;-)

Message 12724450

When the rally comes we will be there for almost every darn minute of it because we are not taken in by once-in-blue moon posters who have hidden agenda and post after the fact. We expect a number of them, they come out like worms after a bad rainstorm especially on a public forum like ours that is and will remain a permanent fixture on SI.