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Hewlett-Packard Company Message Board

  • olio olio Jan 14, 1998 1:30 PM Flag

    18% aint all that bad.

    I've followed this stock for years. My first purchase was 100
    shares at 42.xx in 1978.

    It split in '79, '81, 83, 95, & 96.

    My original 100 shares is now 3200 shares at $62.

    I now own 18,200 shares and my ROI is 18.2%.

    You could do worse. It's best to Dollar cost with extras on
    pullbacks. I bought 200 shares at $27.50 in Nov 1990 when the PE was Waaaaay down.

    I predict another split by Dec '99.

    Oh, you can correlate splits with $4.00 per share earnings better than with a particular share price or PE.

 
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