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

To: Uncle Frank who wrote (1960)	3/25/1998 2:58:00 PM
From: William Partmann	Read Replies (1) \| Respond to of 4722

NEWS BLUE BELL, Pa.--(BUSINESS WIRE)--March 25, 1998--Unisys Corp., which said in January that it would outsource PCs and entry-level servers, Wednesday announced an agreement in principle with the Palo Alto, CA-based Hewlett-Packard Co. [NYSE:HWP - news] to supply notebooks, desktops and Intel-based entry-level servers using a ''build to customer order'' (BTCO) process equivalent to Unisys current process. Unisys, an information services and technology supplier, will focus its hardware initiatives on the design, development and manufacture of mid-range and high-end enterprise-class servers for mission-critical applications. George Gazerwitz, president of Unisys Computer Systems, said ''The establishment of this cooperation with HP will provide our customers a high-quality, flexible, cost-effective solution to meet their PC-based requirements and enable Unisys to offer a full array of products and services. We expect the transition to be transparent to our customers.'' Unisys is a registered trademark of Unisys Corp. Hewlett-Packard and HP are registered trademarks of Hewlett-Packard Co. Intel is a registered trademark of Intel Corp.

To: Uncle Frank who wrote (1960)	3/26/1998 9:45:00 PM
From: DWW II	Read Replies (1) \| Respond to of 4722

Frank, The only explanation I could come up with for HWP movement is that it is just normal float. They are a big blue chip and a DOW component. Foreign investment may like the stability. I was looking at XRX last night and I noticed that they had a good move up over the last six weeks. They traded at $80 from July 97 to Feb. 98. Then for no real good reason they went up to $100. I think it is time for HWP to do this kind of move. They have a lot of great things going and they don't seem to get the credit they deserve. I'm looking for a strong move up. Just my feeling. DWW II