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Strategies & Market Trends : P&S and STO Death Blow's

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To: Jeff who started this subject11/20/2002 5:31:24 PM
From: nsumir81   of 30712
 
HPQ sees no improvement in IT spending..so is that why the activity has seemed to have diminished imo somewhat around/after this news?

From Briefing.com

17:16 ET HPQ Hewlett-Packard doesn't see improvement in IT spending (16.85 +0.30) -- Update --
On call, says it doesn't see any meaningful improvement in IT spending or capital spending.... adds that it is not counting on a strong holiday buying season.... notes that it will spend most of time on today's call discussing Q4 (Oct) performance and that it will use its analyst meeting Dec. 3-4 to discuss its outlook, and industry outlook, in more detail.
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