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


To: gc who wrote (2222)5/15/1998 6:05:00 AM
From: cforman  Read Replies (1) | Respond to of 4722
 
You wrote: "HP's stock has been on the run. Someone at HP wanted to enjoy the party for as long
as possible by delaying the bad news. Even if if drops 10 points after bad news
released, it is still up 10 from its recent low at 60"

So what's the point in stopping the run cold in its tracks 2 days before earnings announcement? Would have been no different if Lew would have let the stock run its course and let market reaction take over after earning announcement on Monday.