Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (16880)	4/18/2003 1:51:58 AM
From: Paul Senior	Respond to of 78516

More about HPQ as a small part of a value portfolio. I'll guess that if the typical value investor has 10-25 stocks, then an opinion on HPQ will be difficult. To buy HPQ, that would wind up being between 4 and 10% of one's portfolio. (if one other stock is dropped) So to buy now, a person would have to be extremely comfortable that HWP is at a most reasonable low (That's an opportunity that was months ago maybe.), or be very assured that he/she knows quite a bit about HWP's products and future. I claim such knowledge is extremely difficult to obtain. After all, HPQ has over 140,000 people in various divisions (before Ms. Fiorina gets through with her axe.) To see what these people in total are doing for future products or doing to counter current competition, is extremely difficult. I look at HPQ not even as a potential 1% of a portfolio. True, if HQP were to rise 25-50%, I would not see much profit in the portfolio. On days like today though, my portfolios seem to rise sometimes regardless of the stocks held. On these rare days, when so many value stocks are up, liddle-biddy $ moves in a lot of stocks add up to a decent gain. So sometimes like today I see it important to just be in the ballpark about a stock's value and almost more importantly to be in the stock itself to get gains when the market improves. -g- Too bad though I can't be so positive about HPQ itself in this view. If it's a value stock, you were better off not owning it today: it would've been one of the few that was down.