Hewlett-Packard (HPQ) Message Board

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Technology Stocks : Hewlett-Packard (HPQ)

HPQ 25.22

+2.0%

12:53 PM EST

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To: Oeconomicus who wrote (3881)	7/21/2005 11:27:58 AM
From: Elroy	of 4345

Employee's seem to have much more confidence in him, including confidence that he's not restructuring just for the sake of restructuring (or for the sake of Wall Street's short-term perceptions), but only after careful deliberation with the input of a wide swath of managers and employees. We'll see. I was sort of surprised to learn that they are going to be able to cut 10% of the workforce without significantly touching sales and r&d. What is all the excess still doing there considering Carly had spent a lot of the last three years reducing headcount? I wonder if HPQ is going to miss the July Q revenue expectations? Everyone has said that Europe has been weak, and HPQ has a larger % of sale from Europe than its peers.

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