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

To: The Duke of URL© who wrote (2728)	3/25/2003 2:22:03 PM
From: PCSS	Read Replies (1) \| Respond to of 4345

RESEARCH ALERT-Goldman says HP quarter will be close NEW YORK, March 25 (Reuters) - Goldman Sachs said on Tuesday that while No. 1 personal computer and printer company Hewlett-Packard Co. (HPQ) may meet its targets for the current quarter, it will be close because of the tough economic environment. "HP is still in a position to make the April quarter, although outside forces will undoubtedly bring it right down to the wire," Goldman Sachs analyst Laura Conigliaro said in a research note. HP shares were off 3.6 percent, or 60 cents, at $15.95 in morning New York Stock Exchange trading. Conigliaro, who rates the stock as "in-line," said in the research note that she expects favorable exchange rates to help results, as should strong sales of printer supplies. She expects the company to bring in $17.8 billion in revenue and earnings of 27 cents per share for the second fiscal quarter ending April 30. Analysts on average expect revenue of $17.9 billion and earnings of 27 cents per share, according to Thomson First Call.