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Technology Stocks : Hewlett-Packard (HPQ)
HPQ 23.98-1.3%Nov 26 3:59 PM EST

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To: Elwood P. Dowd who wrote (1251)7/8/2002 3:32:51 PM
From: The Duke of URLĀ©  Read Replies (1) of 4345
 
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msnbc-cnet.com.com

HP holding strong in Europe

By John G. Spooner
Staff Writer, CNET News.com
July 8, 2002, 12:25 PM PT

A new research report shows Hewlett-Packard PC sales are holding steady in Western Europe, just two months after the completion of the company's multibillion-dollar merger.
Although the overall market has been weak, the PC maker managed to maintain a significant market position, although it did fall slightly, in Western Europe going into the second quarter, according to Context, a London-based research firm that tracks PC sales in Western Europe.

HP's market share was 27.8 percent for the first five months of 2002, the research firm said. In contrast, HP and Compaq Computer together claimed 29 percent of the Western European market in 2001, when the two were still separate companies. Sales fell 13.9 percent year over year for the first five months of the year, compared with a 10 percent decline for the industry overall.

Context res...
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