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.

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

To: William Partmann who wrote (2035)	4/25/1998 6:43:00 PM
From: gem man	Read Replies (1) \| Respond to of 4722

Hey guys, Hope I don't burst your bubble, but I bought puts like crazy just before 4:00. What makes you'all think that after 11 straight days of advances in an already extended market, that those money managers are not going to take some serious profit. After the bell, a trade went off for a sell of 427,000 shares. Hope you don't hate me for this as I think HWP will be good in the long run. gem man

To: William Partmann who wrote (2035)	4/25/1998 7:06:00 PM
From: Dana Johnson	Respond to of 4722

I found it hard to decide whether to pull some money out or let it ride on friday. I know everyone knows something I don't. But I had just made 12% on the investment. I do think the stock will move higher. If the market trend stays flat to positive, I expect to stay mostly invested until earnings in May. In this case, I will just try to scalp a few percent more by buying dips and selling spikes. Until friday, the plan was to buy at the bottom of the channel and sell at the top. Now I don't know where the channel is, so I will watch volume and candlesticks for a clue what to do. If the market heels over, I'll go to cash and watch for a bottom or two. That could happen this week or as late as this fall, but its bound to be coming. I am a long term believer in the company, I just want to try to make a little more by trading it.