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

To: Captain Jack who wrote (2011)	10/23/2002 8:09:25 AM
From: MeDroogies	Read Replies (1) \| Respond to of 4345

I see nothing wrong with that philosophy. I think issuing slightly reduced estimates is the best way to manage everything. It allows for top line growth, and reduces downside potential. I do as much when I prepare my home budget each year. I don't factor in bonusses (unless they are guaranteed), or raises. That way, I get a much nicer vacation, pay down additional debt, or buy an extra gift.

To: Captain Jack who wrote (2011)	10/23/2002 9:53:57 AM
From: Oeconomicus	Read Replies (1) \| Respond to of 4345

I was going to say the same thing about MSFT. Every qtr, beat the number and talk about how tough the next quarter is going to be. Did it again this qtr, as a matter of fact. But new regulations will have no impact, nor should they. We aren't talking about statements of fact as in reporting of actual results, but rather managing expectations in an uncertain world to avoid later disappointment. I hope Carly & Co have been watching and taking notes, cause they sure have gotten this part wrong in the past. Bob