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Technology Stocks : HWP -- Hewlett Packard -- Ignore unavailable to you. Want to Upgrade?

To: DWW II who wrote (1915)	3/7/1998 1:39:00 PM
From: Fred Levine	Respond to of 4722

Merrill Lynch just gave a very positive report of HP efforts at high-end work stations. They stated that there would be increased growth in UNIX, which is dominated by HP, and that this domination will accelerate with the introduction of the Merced architecture. The short-term rating was 2, and LT was 1. Earnings were projected at at $3.30 for 98, and $4.05 for 99. I also think this discounts the increasing revenue from E-commerce (Verifone), and from the digital camera-- which will not be profitable for a while, but has obviously been all losses during the product development period. Keep your bloomers on, as someone said a year ago, HP gets a lot of singles but not too many home runs. good investing -- fred

To: DWW II who wrote (1915)	3/7/1998 3:04:00 PM
From: Oeconomicus	Read Replies (2) \| Respond to of 4722

The only thing that may weaken their presentation will be the "software" side of the story. Dan, what do you mean? Bob