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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: purecntry5 who wrote (18455)5/13/1998 6:56:00 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 94695
 
HWP on Instinet down 7 5/8 or $74 based on CNBC

BWDIK

Haim



To: purecntry5 who wrote (18455)5/13/1998 8:21:00 PM
From: Simon  Respond to of 94695
 
<< Hello Kahunas, maybe this will provide some relief??>>>

That should be good news for the stock since the company recognizes it has problems and can take steps to correct them which undoubtdely will lead to roaring sales in the future which will no doubt cause the stock to jump higher in the morning.

Kind of like we got all sorts of problems so we are going to fire 10,000 people and watch the stock jump up 5 pts in the morning.



To: purecntry5 who wrote (18455)5/13/1998 9:12:00 PM
From: Bull RidaH  Read Replies (2) | Respond to of 94695
 
pc5,

Ouch!! Some poor folks (recent buyers) gonna get CRUCIFIED in HWP in the morning, along with holders in similar equities. The ANALyst failed to do their jobs again, promoting/allowing a 35% runnup in the stock in the last 4.5 weeks. How conveeeeeeeeenieeennt!!

Glad I cleared out of CPQ & SUNW today. Should be some nice buying ops forthcoming. HWP key supports will be 73.25 and 66.625. If it fails to hold 73.25, I would short it, and be a buyer down at 66.25. Meanwhile, if the broad market starts off down tomorrow, I'd be a buyer at 73.25 for a quick retracement to the 77.5 area.

I think CPI will be the determining factor for the markets nearterm fate, though (at least til next Tuesday).

Regards,

David