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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: Charles Tutt who wrote (2616)2/26/2003 12:10:42 PM
From: The Duke of URL©  Read Replies (3) of 4345
 
"Bear Stearns' Neff also pointed to concerns about the personal computer segment, which HP said swung to profitability this quarter, noting that it was the only computer hardware company to miss expectations during the period."

Neff has the same feeling. But If he is taking about bad debt, they took it out of GSA and put it in cogs, which should make no difference in calculation of pc profitability. That would make his analysis, well, er, uh ... wrong.

:))
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