Hewlett-Packard (HPQ) Message Board

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Technology Stocks : Hewlett-Packard (HPQ)

HPQ 19.39

-0.4%

12:49 PM EST

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To: The Duke of URL© who wrote (2700)	3/13/2003 10:01:30 AM
From: The Duke of URL©	Read Replies (1) of 4345

From today's Wall Street Journal (page B3): Hewlett-Packard restated its operating cash flow for its recently ended fiscal first quarter, lowering the amount by 18%. In a Securities and Exchange Commission quarterly filing yesterday, HP said its operating cash flow for its first quarter, ending January 31, was $647 million, instead of the $791 million previously reported. The restated result doesn't change the total cash that HP had at the end of the quarter, which was $12.6 billion . An HP spokeswoman said the company had erroneously classified some items as operating cash flow and had since corrected the errors.

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