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Strategies & Market Trends : Sharck Soup
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To: Sharck who started this subject6/6/2001 11:20:51 AM
From: Teri Garner   of 37746
 
11:14 ET Hewlett-Packard (HWP) 28.75 -1.30 (-4.3%): -- Update -- Market being dragged down by Hewlett intraday press release; company cautions that it is now seeing the slowdown in IT spending spreading beyond the US and Europe; says May sales in both consumer and enterprise markets in all regions were soft; company implementing additional expense reductions to increase the probability of achieving the current consensus analyst EPS estimate of $0.23.
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