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

To: Charles Tutt who wrote (2251)	5/15/1998 10:02:00 AM
From: Kirk ©	Read Replies (1) \| Respond to of 4722

Excerpts from this post at suite101.com Profits were also undermined by rising expenses. ...... Acquisitions and investments were partly to blame for the higher expense levels and the company expressed satisfaction at its revenue gains, but it warned trouble spots remained....... ..... ''The pricing and competitive environment remains very challenging, especially in PCs and printers. The situation in Asia is still difficult and uncertain,'' H-P Chairman Lewis Platt said in a statement. ''We must make significant improvements on operating-expense management.'' ......... Investors understand that it takes awhile to digest Verifone and that the new agreements with the likes of Msft will mean good revenue in the future. regards Kirk out