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Non-Tech : Kirk's Market Thoughts

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3:59 PM EST

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To: the longhorn who wrote (10644)	12/1/2020 8:50:50 PM
From: Kirk ©	Read Replies (1) of 26583

HPE is one of the MANY spinoffs of the original HP that came apart after Carly came on board. I sold most of the original stock to buy some of the spinoffs like Keysight and Agilent... Wish I bought Avago that is now Broadcom but that was the part where I was when I left in 1998... Too many people were screwed by the VCs who took it private then IPO'd it... so it was personal and I thought best to avoid it. I bought shares in some of the others... one was a hardware tester company that was bought out for a nice gain. HPQ was spun off to make the PCs and printers and that is doing pretty well with COVID work and study at home demand. My guess is they will keep a large presence here for those who already own homes here and don't want to move and give up their property tax base which can make it impossible to move back... but it was probably a huge recruiting problem to not be a "big name" like FB, Google, Tesla, etc. to attract top talent so they go where it is cheaper to live to compete for "regular" college grads.

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