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Technology Stocks : HWP -- Hewlett Packard

HPQ 20.38

-1.1%

Jan 16 3:59 PM EST

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To: Kirk © who wrote (4177)	2/27/2002 6:59:51 AM
From: w0z	Read Replies (2) of 4722

"They even have an ex HP manager up there that is really good and he could run it for them (Rick Belluzo who lost out to Hackborn in some battle and left..." Kirk, just to set the record straight, Belluzo was Hackborn's protege. It was Lew Platt (CEO at the time) who kicked out his probable successor in a disagreement over Belluzo's more aggressive strategy. Hackborn is also on the board of Microsoft and I'm sure had a lot to do with Belluzo landing there. Anyone discounting Hackborn's strategic wisdom needs to look at his track record, which is probably responsible for 95% of HP's profits over the past 15 years (Laserjet, Inkjet, etc). Actually it may be more than 100% of HP's profits (imaging has probably offset losses in PC's, etc).

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