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


To: Dwight E. Karlsen who wrote (2162)5/14/1998 3:39:00 PM
From: BelowTheCrowd  Read Replies (1) | Respond to of 4722
 
Yup, my Smith Barney "full service" broker called me on that one this morning. It's urgent, she says, because the conference call tomorrow will prove them right and send the stock right back up to where it belongs, etc., etc.

She didn't have much response to the fact that the stock is still up substantially from it's recent trading range ($60-65), that there has been no company or sector news to support this rise, and that purchasing computers and test equipment might not be a high priority for many of our former "fast growth" customers who are now shooting people in the street.

Needless to say, I sold my puts today at a bit of a profit and am holding off on buying anything other than my normal employee stock purchase allotment.

mg