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

To: Kirk © who wrote (2570)	8/12/1998 12:10:00 PM
From: Sonny	Respond to of 4722

Volume of the up move is still not convincing, given the upgrade. May be until earnings, there will be fear ... and smooth sailing afterwards ... but who knows? ... relative strength is OK but not that great ... comparative R/R ratio is not that great, compared with other opportunities out there in the short term, like SRA-ASND (LU takeover premium), CSCO (split), NSCP (great earnings expectation), IFMX (next pre-earnings expected 30% run-up), NEWZ (takeover rumors 7-->--18), SOC (bottomed out) and OXHP (absolute bottom confirmed by huge insider buy) ... so the money flow may target these other guys first, before looking over to HWP. Of course, there is always a slight chance that the next Tuesday's Tremors may give the opportunity to get in even lower at 45-46. "No hurry with this baby" is the current market sentiment, imho! regards to all, -/Sonny.