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Hewlett-Packard Company Message Board

  • olio olio Feb 20, 1998 12:33 PM Flag

    R & D Increase

    The first quarter results reveal that R&D expense went from
    $699 mil to $802 mil. Anybody who knows HP knows that an R&D increase almost always presages an earnings increase (usually within a year)

    And this amounts to a .10/share reduction in earnings.

    You gotta read these reports. Expected earnings are 3.41 in 1998 and 3.96 in 1999.... I bet 3.80 and 4.24...
    Whadda ya think?

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