Hewlett-Packard Co (HPQ)

This is more a story about their competitors. Tablets are cannibalizing the space. Vmware is a competitor. HP has lost its way and he has avoid the stock. Whose to say the X-CEO might not buy this if the stock stays down low. Wouldn't be surprised if Oracle has not had talks with them.

Really have nothing spectacular that are going to drive margins. Previous CEO took a lot of the synergies out of the company. Doesn’t see any more upside.

Chart shows a definitive series of lower highs and lower lows so you don’t want to enter at this point.

Shares have fallen to a level that has not been seen since 2003. Have had a series of disappointments, one after another. Announced they are lowering 2013 guidance. This company has always gotten itself in its way. Further proof that they are falling behind times. There is a lack of new product development.

Price is significantly lower than it has been for a number of years. But the company has materially changed as well. Significant change in operations. Have a new CEO. There are a lot of headwinds in the space they are in. Not participating that much in the convergence to mobile. Thinks they will be economically sensitive in a weaker macro environment. If you own, consider triggering a loss. You only have to be out of it 30 days to reposition at a new ACB and be patient for a turnaround over the next few years.

Have got problems. Running the risk of losing due to PCs being dead. However, looking at their patent package and their technological expertise 1) it is not going to go broke, 2) is incredibly cheap and 3) if someone wanted to pick them off they are a logical candidate.

Restructuring story. Trades at 4X earnings. 3% yield. Management is doing a very good job and not getting credit for it.

(Market Call Minute.) Too early to be buying this one.

Low PE and bundles of cash. Has been considering this one. Their problem is that in restructuring they are not in the right place right now. Getting squeezed out on the printers and the PC and printer market in general is getting by what is going on with the Pads and Tablets. Looking at the multiple, cash generation and the core businesses, he is ready to take a swing at this at $20 or under. Very little downside. Not a growth play, it’s a value play. Bit of a dark horse now.

(Market Call Minute.) One of the weaker names in technology. Too early to buy.

Incredibly cheap. Trading at below 5X earnings. Management has indicated they are going to deliver $4 in earnings this year. If they can meet that number, it is a cheap stock but, tech spending is very weak and consumer demand is very weak.

You should be running to the hills on this one and Dell (DELL-Q). Their business models do not work. The PC is dead and they don't have a good tablet or mobile device so they have to transfer themselves into a software company really quickly.