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Technology Stocks : Compaq
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To: MeDroogies who wrote (93707)11/12/2001 2:31:13 PM
From: The Duke of URL©  Read Replies (1) of 97611
 
"....I sold some Dec CPQ puts today. 7.5 puts. I can't honestly see this going to 6.9. Then again, I said last year that I couldn't see it going to 20 when I did the same thing. By options time it was 14.

This is getting more and more interesting. The Packard foundation said they were going to wait until most recent earnings. I seem to remember hp is on a diff year end.

But this is my prediction: HP earning from printers will be

abysmal.

It looks like they have been living off the past since what's his name left to go to sgi and then to be a vp at MSFT. Bregante????

[Edit]

Rick Belluzo:

and for those of you who want a cite:

businessweek.com

What Makes Rick Belluzzo Run?
Why the heir apparent left the catbird seat at Hewlett-Packard for beleaguered SGI

Sitting in the front row of the company auditorium soon after his arrival as CEO last January, Silicon Graphics' (SGI) Richard E. Belluzzo saw stark evidence of the problems he had taken on. There to unveil his grand turnaround plan, he watched as Chief Financial Officer Steven J. Gomo asked the top 50 execs: ''How many of you run profit-and-loss centers?'' Most of the hands shot up. Then Gomo asked: ''How many of you are profitable?'' The same hands were raised. But when Gomo asked: ''So who's responsible for all the money we've been losing?'' not a single hand surfaced. Belluzzo sat rolling his eyes in amazement.

Rather than running for the exits, though, it was exactly the kind of Herculean challenge Belluzzo had been looking for. A working-class kid who had become the quintessential company man during a 22-year stint at Hewlett-Packard (HWP), Belluzzo felt he had outgrown his post as HP's No. 2. It was
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