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Technology Stocks : Hewlett-Packard (HPQ)
HPQ 21.46+0.3%3:59 PM EST

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To: P.T.Burnem who wrote (2658)3/5/2003 8:25:26 AM
From: Elroy  Read Replies (3) of 4345
 
Cooking the books.....

Who cares how they allocated the PC division's expenses? When you buy HPQ you buy the entire company, PCs, enterprise hardware, printers and IT services.

The entire company posted the best operating profit margin (6.2%) in two years. That's what matters.

Go ahead and allocate expenses however you like, the sum of the parts did fine.

Elroy
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