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

To: Alan Norton who wrote (2029)	4/25/1998 12:21:00 AM
From: Dana Johnson	Read Replies (1) \| Respond to of 4722

I took 25% of my position off the plate. I think the run may have a ways yet to go. Last june, there was a 20 point run which suggests to me that we could see $80-85 over the next few weeks. HWP is a good choice to rotate funds into based on relative valuation. This is especially true if some funds are making the move. (That 1.5 million block towards the end of the day has to be good news!) Clearly, over the longer term, HWP is a good stock because in recent years it has been very adeptly managed. I expect to average out over the next month and re-enter over the summer.