HWP -- Hewlett Packard Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : HWP -- Hewlett Packard

HPQ 19.45

+0.4%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: cirrus who wrote (2260)	5/15/1998 1:40:00 PM
From: Dwight E. Karlsen	Read Replies (1) of 4722

Tom, I agree the announcement only 2 days before earnings was not typical. But the HP execs made it clear that the main reason was simply to prevent more people from buying in on Thurs & Fri, only to get burned. I really believe that the reason they didn't do it prior to that was they didn't have a handle on the number. They don't make just PCs, so even if they knew that division was loosing money, they may have felt that the other 99+ divisions might help them meet the number. Even if they had their doubts, they couldn't very well just go public with "doubts". They wanted to wait until they had a handle on a pretty sure number. As an accountant, I can sympathize with their position.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next