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

To: lizardK who wrote (2775)	11/25/1998 3:34:00 PM
From: Neil Mintz	Read Replies (2) \| Respond to of 4722

Richard, My reasons for HWP price deterioration are pretty simple, 1] Increased competition on all fronts = lower gross profits. This is true for all the players, but HWP is not a low cost producer. 2] Investors have better places and "sexier" stocks to put their money into. I could go into more details, but I'll stick with the simple reasons. I might mention that I own HWP at 67 and recently sold covered calls Dec at 60 strike. Do you think HWP could be a takeover target for anyone. I am always suspicious when these "consultants" are hired. NEIL Neil