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Hewlett-Packard Company Message Board

  • gardenerchauncy gardenerchauncy Apr 23, 1998 6:06 AM Flag

    $70 test

    Can anyone feel a test of the $70 level coming on? Or may be new highs? Now seems like the time.

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    • Depending on the general market, leading up to 1st half earnings announcement (around the 2nd monday or tuesday of may), we could
      have a test of 70 of the all time high which 71 and change (or is taht 72 and change).

      It would be nice if HP would finally beat estimates which the analysts always set so high for HP.

      Nice that we have their confidence, but the stock might do better if we didnt... If HWP breaks past 75, watch out... thats when other types of investors will jump on board.

 
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