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Strategies & Market Trends : Angels of Alchemy

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To: SirRealist who started this subject11/13/2000 7:53:56 AM
From: Jack Hartmann  Read Replies (3) of 24256
 
As if we needed HWP to miss earnings
07:03 ET Hewlett-Packard (HWP) 39 1/8: Posts Q4 net of $0.41 a share, a dime below Wall Street views of $0.51, vs yr-ago EPS of $0.36. Company says that issues that reduced profitability included margin pressures, adverse currency effects, higher-than-expected expenses, and business mix.
from breifing.com

So much for words of reassurance. Hewlett-Packard (HWP:NYSE - news) posted fourth-quarter earnings of 41 cents a share, missing the 15-analyst estimate by 10 cents, but up from year-ago earnings of 36 cents a share. The missed earnings follow the company's announcement on September 22 that it would meet fourth-quarter earnings and revenue targets.
thestreet.com

What a way to start the week.

Jack
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