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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?


To: Dave Gore who wrote (26318)2/11/2000 2:06:00 AM
From: Dave Gore  Read Replies (1) | Respond to of 52051
 
For those into **EISQ** or thinking on investing, be careful at these levels and make sure you read the PR that HP put out after hours on Thursday. It is probably not real significant, but it bothers me a bit that they felt it was necessary. I will be watching if some sell at these levels based on it.

(COMTEX) B: HP Clarifies Position Regarding Recent Press Release Issu
B: HP Clarifies Position Regarding Recent Press Release Issued by Electronic
Identification, Inc.

PALO ALTO, Calif., Feb 10, 2000 (BUSINESS WIRE) -- Hewlett-Packard
Company today issued a clarification regarding certain statements made
by Electronic Identification, Inc. (EI2), a developer of smart-card
technology, in a press release EI2 issued on Jan. 27, 2000.

HP said that although HP and EI2 entered into a teaming agreement in
May 1999, the relationship to date has not resulted in any sales of
smart-card-technology products or services jointly offered by HP and
EI2. Furthermore, while HP and EI2 have discussed other potential
business opportunities, the two companies have not entered into any
formal agreement to pursue those opportunities.



About HP

Hewlett-Packard Company -- a leading global provider of computing and
imaging solutions and services for business and home -- is focused on
capitalizing on the opportunities of the Internet and the proliferation
of electronic services.

HP plans to launch Agilent Technologies as an independent company by
mid-calendar 2000. Agilent consists of HP's test and measurement,
semiconductor products, chemical analysis and healthcare solutions
businesses, and has leading positions in multiple market segments.

HP has 83,200 employees worldwide and had total revenue from continuing
operations of $42.4 billion in its 1999 fiscal year. Information about
HP, its products and the company's Year 2000 program can be found on
the World Wide Web at hp.com.



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