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


To: Alan Norton who wrote (2032)4/25/1998 9:07:00 AM
From: DWW II  Read Replies (1) | Respond to of 4722
 
Alan, I would also reinforce Frank's congrats on your profit taking. I am in a situation where I have owned HWP for about 16 months now. I need to ...at least....hang on for 2 more months, as that will get me past the "long term" capital gain window. That means 20% more to me.

Even with out that consideration, I would hold right now. This $8 may be a fluke, but it may also not be a fluke. HWP, as you have stated, is a very valuable company. On Monday it will be announced that HWP has over taken DELL in the "consumer" PC mkt. That is part of the $8 dollars. But, I also feel that their "stuff" sells are very strong. (Stuff,,,being the cartridges & stuff that are manufactured in SE Asia). The margins have increased there also because of the weak SE Asia currencies. $8 also comes from the effects, or perceived effects of laying off 3000 people in the NW to have their printers mfg in SE Asia.

DWW II