Hewlett-Packard (HPQ) Message Board

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Technology Stocks : Hewlett-Packard (HPQ)

HPQ 22.29

-2.7%

Dec 31 3:59 PM EST

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To: Jerome who wrote (530)	5/21/2002 2:36:42 PM
From: BelowTheCrowd	Read Replies (2) of 4345

I have no shares to sell. Got out of this dog long ago. I continue to follow because I know the company well. At half the current price I'd consider bottom fishing. My unhappiness goes far beyond the merger. This company has been in trouble for better than 3 years and is still in trouble. The old HP was problematic and Carly has done little to change what the real problems are: dependence on a mature "cash cow" business (printing) and a low-margin, low-growth, almost profitless business (PCs). The merger doesn't change that. She's not a winner until she proves she can make money. So far she hasn't. Her "victories" have been largely irrelevant to anybody other than short-term traders. No postions. mg

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