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

To: mp who wrote (2130)	5/13/1998 8:18:00 PM
From: Carmine Cammarosano	Read Replies (1) \| Respond to of 4722

HWP seems to miss estimates every third quarter...seems like someone at the company would work on lowering estimates for Wall Street...

To: mp who wrote (2130)	5/13/1998 10:03:00 PM
From: William Partmann	Read Replies (1) \| Respond to of 4722

I don't know, but my best guess is your right and .72 is not bad in this market.

To: mp who wrote (2130)	5/14/1998 10:08:00 AM
From: mp	Read Replies (1) \| Respond to of 4722

Sky is falling! Sky is falling! Not! Just attempting to see the forest from the trees, for a moment. If actual earnings is indeed around 72c, they have so far 89+72=$1.62 in 6 months. I think their next two quarters will be 70c and 85c which will make it around $3.17. At a PE of 25 which they well deserve, considering they are growing 70% in PC sales and one of the consistently profitable companies around, that means this stock will be at $80 by October. So load up if you can at the price of 68 (you may not get at 65) and make a safe 10 to 15% in 6 months, a lot more if HP surprises on the upside. I don't think this scenario is no less possible than some of the doomsday predictions. But in summary, I really wished to God the earnings could have been in the 75c-80c to give us common people a break! Just my opinion folks, and no more.