Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: papa bear who wrote (2531)	8/5/1998 11:38:00 AM
From: Kirk ©	Read Replies (1) \| Respond to of 4722

I'd use $2.86 and PE of 17 and get $48, but it is summer and you have to start discounting for next yrs expected earnings of $3.53 quote.yahoo.com and the same p/e gives $60. Now if HP hits some numbers and gets costs inline.... p/e of 20 goes to $70 and a market p/e of 25 gives $88. Lots of up and little downside as long as Lew gets the earnings inline... The market greatly rewards consistency - Look at the multiple KO gets. My strategy is sell when in the higher end of this range (which I did at $78) and buy slowly when in the lower end of the range $50's/ This is all on fundamentals and I use a bit of momentum or visual TA to pick better numbers. I'm ahead in my 401K account this yr so it must work well enough...8) regards Kirk