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Technology Stocks : Hewlett-Packard (HPQ) -- Ignore unavailable to you. Want to Upgrade?


To: PCSS who wrote (1680)8/20/2002 2:57:36 PM
From: PCSS  Read Replies (2) | Respond to of 4345
 
btw,

for those NOT aware the DOW is being "hampered-down" by Citigroup today ---- this is a false impression ...

since C is giving its shareholders their stake in Travelers (TAP.A & TAP.B) as of 5pm tonight ---



To: PCSS who wrote (1680)8/20/2002 3:07:01 PM
From: MeDroogies  Read Replies (1) | Respond to of 4345
 
I'm sitting on some dead even DIA calls that I almost dumped at the bottom today. Then I took another look at the charts and realized that there was at LEAST one small rally left in this tightly wound market.
I agree we could wind up even or slightly down for the day.
I don't want to hold these calls for another day, but I'm thinking we've got legs to 9200. After that, it's anybody's guess.



To: PCSS who wrote (1680)8/20/2002 6:41:28 PM
From: Elwood P. Dowd  Read Replies (1) | Respond to of 4345
 
More excuses from Capellas:

HP exec sees small, medium firms leading recovery

ASPEN, Colo., Aug 20 (Reuters) - Hewlett-Packard Co. (NYSE:HPQ - News) President Michael Capellas on Tuesday said small and medium businesses will lead the economic recovery in the United States, but that the arrival of a broader improvement remains difficult to peg.



"If you're looking for an indicator that's where I'd look," said Capellas, referring to what he called mid-tier, general businesses.

Capellas -- who holds the No. 2 spot at the Silicon Valley-based technology giant following its mega merger with computer maker Compaq -- said small and medium businesses account for a substantial part of the economy and already are showing early signs of recovery.

Nevertheless, he said it remains too difficult to predict when the overall economy will pick up.

"I do think we have achieved the bottom," said Capellas, who also predicted that the United States will lead the global economic recovery, partly due to productivity gains stemming from recent advances in technology.

"You will see a stronger recovery than most people think because of those productivity gains," Capellas told attendees of the Progress & Freedom Foundation's annual summit in Aspen, Colorado.

Capellas' talk came after HP's stock had closed down 49 cents at $14.51 on the New York Stock Exchange.



To: PCSS who wrote (1680)8/21/2002 8:46:08 AM
From: Elwood P. Dowd  Read Replies (4) | Respond to of 4345
 
RadioShack Corp Updates 3rd Quarter Financial Outlook

FORT WORTH, Texas -(Dow Jones)- RadioShack Corp. (NYSE:RSH - News) cut its earnings and sales guidance for the fiscal third quarter, citing sales that softened " abruptly" in August.

In a press release Wednesday, the consumer electronics retailer said it expects third quarter earnings of 23 cents to 26 cents a share, down from its July estimate of 33 cents a share.

A Thomson First Call consensus estimate projects earnings of 34 cents a share for the quarter ending September.

RadioShack had total sales growth of 2% in July, but August sales trends " deteriorated dramatically." The financial weakness was across many categories.