Hewlett-Packard (HPQ) Message Board

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Technology Stocks : Hewlett-Packard (HPQ)

HPQ 22.13

-0.7%

3:59 PM EST

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To: BelowTheCrowd who wrote (527)	5/21/2002 4:55:54 AM
From: Elroy	Read Replies (1) of 4345

Is HPQ going to beat Dell in PCs? Is HPQ going to do better than IBM or SUNW in high end Unix servers? Is HPQ going to surpass IBM, Hitachi or EMC in high end storage? No. No way. No chance. No how. All that HPQ is going to do is reduce headcount, look OK for about a year, and then continue losing share and losing money in its main areas, PCs, low end Wintel servers and low end storage. The only good thing about HPQ is the printing and imaging business, and now it is less visible in the revenue stream than before the merger due to the addition of all of CPQ's crummy businesses. So HPQ expects to make about $1.50 EPS in the first fiscal year after the merger. And then $1.35 in the 2nd fiscal year. And $1.20 in the third. And $1.00 in the fourth.......... Elroy

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