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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: LKO who wrote (17167)6/6/2001 11:28:42 AM
From: Jdaasoc  Read Replies (1) | Respond to of 30051
 
LKO:
HWP analyst conference call in progress

Hp is first of many to report 3Q to be slow. I closed long positions now rather than at market close tomorrow. I can't see how the market goes higher. I would be totally amazed if we finish today higher then we are now.
HP is well run company and not atypical of tech market. I had to buy hiend LaserJet printer last week and it's price have gone up almost 10% despite YEN/$ exchange rates and big-time component decreases since the economy slowed down last fall. They trying very hard to make money anywhere they can with little to show for it in a market that has IT spending freezes.

john