In looking through the financials and charts, it appears everything looks superb. Sure wish I got this 3 years ago at 11 bucks. I could have even gotten some over the summer at 32 dollars. Its trading at 16 times forward earnings.
I see the following things that may go wrong.
1. Right after Christmas, people might unload their positions looking to concentrate on other plays. Reasoning that most people buy new computers around Christmas and New Years. However, Vista is coming out a little bit late this year.
2. Bad earnings call.
3. Recession next year seems a possibility.
Otherwise, this company seems like a steamroller. The fundamentals are there. I say it runs strong for another year or two.
yes can't complain but don't want to give up gains or get out of the trade too early. Usually on a day like today HPQ would have outpaced Dell and yet today that was not the case. Certainly HPQ will post better numbers than Dell, that is not in doubt. Guidance though is another matter, and will be what investors will base their reaction on.
